BTC new all time highsOn going FIBonacci price targets of BTCUSD.
112,750 1st target, new all time high.
Resistance likely @ previous 108k all time high.
:: See chart for predictive price path.
--- Mid - Late Feburary price price prediction.
::: Speculative assumption on current BTC price action. :::
***Newest local low and price action suggest the new local low bottom with continuation to the up side.
108k should stabilize - followed by 112,750 new ATH target.
Fibonnacci
S&P ES Long setup target 6129 / Calls SPY target 605Fibonacci technical analysis : S&P 500 E-mini Futures CME_MINI:ES1! has already found support at the Fib level 78.6% (6020.50) of my Down Fib. Last Daily candle (Jan 17) has closed above retracement Fib level 78.6%. My Down Fib guides me to look for ES1! to eventually go up to hit first target at Fib level 127.2% (6129.00).
CME_MINI:ES1! – Target 1 at 127.2% (6129.00), Target 2 at 161.8% (6206.00) and Target 3 at 178.6 (6243.50)
Stop loss slightly below the 61.8% retracement Fib level (5983.00).
Option Traders : My SPY AMEX:SPY chart Down Fib shows price to go up to Target 1 at 127.2% (605), Target 2 at 161.8% (613) and Target 3 at 178.6 (616)
Stop loss slightly below the 61.8% retracement Fib level (592).
SPX: MTF Cluster Support at 5,810 with EMA Confirmation StrategyCurrent Technical Setup
The SP:SPX is testing a significant cluster support level at 5,810, identified by FibExtender Pro with multiple timeframe confluence. The price has shown a clear reaction at this level, making it a potential launching point for a bullish move.
Entry Conditions
Primary Triggers Required:
8 EMA crossing above 34 EMA on 30-minute chart (currently bearish)
Price breaking above last swing high at 5,850
Price holding above cluster support at 5,810
Price Targets
First target: 6,000 (psychological level and major cluster resistance - 4 levels)
Second target: 6,170 (cluster resistance - 3 levels)
Risk Management
Stop Loss Parameters:
Place stops below 5,810 cluster support
Exit if price fails to hold above EMAs after entry
Cancel setup if entry triggers aren't activated
Timeframe Analysis
30-Minute Chart:
Currently bearish configuration
8 EMA below 34 EMA
Waiting for bullish crossover and Price breaking above last swing high at 5,850
Weekly Chart:
Strong bullish structure
Moving averages stacked positively
5,810 cluster support adds confluence
50 EMA > 200 EMA (bullish)
Time-Based Considerations
The January 13 time cluster provides an additional layer of confluence for potential trend reversal. This timing aligns with Fibonacci principles suggesting higher probability setups when time and price zones converge.
Special Notes
The mixed signals between timeframes require patience. The weekly chart provides a strong bullish foundation, but entry must wait for 30-minute confirmation signals to align. The setup becomes invalid if price breaks below cluster support without triggering entry conditions.
BTC new ATH incomingGreat Morning!! Bitcoin pushing for another ATH breaking out of a bull flag with a fib target of $110,000. Today is the last day of the current administration, with Trump coming in on Monday and today being Gensler's last day in office. #LFG Check out #XRP which usually runs last but this cycle is leading the way.
USDCHF SHARK PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
ALGOUSDT: Ready to Surge or Poised for a Pullback?A Crucial Moment for ALGO: Overbought or Breakout Opportunity?
Algorand (ALGO) finds itself at a pivotal juncture, trading at $0.3959, a solid 49% dip from its historical peak of $0.789 recorded in May 2022. The current price action is bolstered by elevated buy volumes, yet the RSI of 71.4 teeters on the edge of overbought territory. As the market contemplates its next move, key resistance looms at $0.4219, while the nearest support at $0.368 offers a potential safety net for bulls.
Intriguingly, ALGO is riding a wave of increasing momentum, bolstered by recent bullish patterns such as the "Increased Buy Volumes" observed on multiple timeframes. The question remains: can this upward drive sustain, or will profit-taking trigger a correction?
Macro factors, including liquidity conditions and the broader crypto sentiment, further intensify this suspense. For traders and investors alike, this represents a classic moment of opportunity—one where preparation meets market potential.
Stay tuned to see if ALGOUSDT can conquer its resistance and deliver the breakout traders are watching for. Are you ready to seize the moment?
ALGOUSDT Roadmap: Pattern Chronicles That Shape the Chart
Here’s a trader’s treasure map—decoded from the sequence of historical patterns to help you navigate ALGOUSDT’s price movements like a pro. Each step confirms or denies the main direction, ensuring you get a clear view of what’s driving the action.
1. January 13, 2025, 14:00 UTC - Buy Volumes Max
The bullish tone was set with this pattern as ALGO opened at $0.3311, reached a high of $0.3459, and closed at $0.3414. The low-3-bars trigger was hit at $0.323, confirming the support strength. With subsequent patterns showing increasing buy pressure, this setup validated its bullish bias.
2. January 13, 2025, 10:00 UTC - Sell Volumes Max
A bearish turn emerged here, with the price opening at $0.3376 and closing lower at $0.3319. However, the trigger at $0.3296 acted as a temporary floor. The confirmation of bearish direction was short-lived, as the price rallied soon after, rendering this pattern a minor blip in the bullish narrative.
3. January 15, 2025, 00:00 UTC - VSA Manipulation Sell Pattern
ALGO stumbled, opening at $0.3724 and dipping to close at $0.3706. With a trigger at $0.3649, it flirted with downside risk but failed to break convincingly lower. Subsequent bullish patterns invalidated this bearish setup.
4. January 15, 2025, 02:00 UTC - Buy Volumes Max
The bulls charged again as ALGO opened at $0.3828 and closed higher at $0.3905, supported by a high-3-bars trigger of $0.395. This pattern reasserted the uptrend, with subsequent moves reinforcing the buying direction.
What Worked and What Didn’t
The "Buy Volumes Max" patterns on January 13 and January 15 validated their bullish signals as price continued to rise after hitting their triggers.
The "Sell Volumes Max" and "VSA Manipulation Sell Pattern" failed to hold their bearish direction, quickly overshadowed by stronger buying momentum.
Next Stop: Where Does ALGO Head From Here?
The current roadmap suggests a dominant bullish trend, with key resistance at $0.4219 in sight. Watch for patterns aligning with the buy-side bias and prepare for potential pullbacks to strong support levels like $0.368.
This journey isn’t just about looking back—it’s about staying ahead. Are you ready to spot the next pattern and ride the wave?
Technical & Price Action Analysis: Key Levels to Watch
When it comes to trading ALGOUSDT, knowing your support and resistance levels is half the battle. These levels act like road signs, guiding you through the market’s twists and turns. Here’s your cheat sheet:
Support Levels
$0.368 – A critical buffer zone where buyers have historically stepped in to halt downward pressure.
$0.3194 – A deeper safety net, but if this breaks, expect turbulence.
$0.309 – The last line of defense; if bulls can’t hold this, expect a bearish wave to pick up steam.
Resistance Levels
$0.4219 – First wall for bulls to break. A clean move above could signal a breakout.
$0.4653 – Mid-level resistance that could force a pullback before the next leg up.
$0.5007 – Psychological barrier; breaking this would be a strong buy signal.
Powerful Support Levels
$0.2145 – Major long-term support that could act as a magnet in a sharp correction.
$0.131 – A level so low it screams oversold if tested again.
$0.1091 – Bottom-of-the-barrel support; unlikely but not impossible in a market meltdown.
Powerful Resistance Levels
$0.0911 – An outlier from the distant past, relevant only in a full-on crash scenario.
Game Plan: Flip or Fade?
If these levels fail to hold or break convincingly, expect them to flip roles—support becomes resistance, and resistance turns into hurdles for bulls to clear. This behavior is textbook price action, so don’t get caught off guard!
Stick to your strategy, set your stops, and keep an eye on how these levels play out. The market is always moving, and so should you.
Trading Strategies Using Rays: Fibonacci Precision in Action
The "Rays from the Beginning of Movement" concept brings a revolutionary perspective to analyzing market dynamics. By leveraging Fibonacci-based geometric principles, these rays construct dynamic levels that act as guides for price movement, predicting possible reversals or continuations. Let’s dive into the strategies that can help you navigate these market movements.
Concept of Rays: Core Mechanics
Fibonacci Rays: Constructed from the start of a movement, these rays align with natural proportions and provide early signals of trend shifts or continuation.
Dynamic Levels: As price interacts with the rays, we observe how the asset respects or breaches these levels, signaling potential entry points.
Adaptability: Rays recalibrate when new patterns emerge, dynamically adjusting to the evolving market structure.
Intersection with Moving Averages: Moving averages (MA50, MA100, MA200, and MA233) act as dynamic support or resistance levels, enhancing ray-based analysis.
Scenarios for Trading
Optimistic Scenario (Bullish)
If price interacts with the ascending ray near $0.368 (support) and receives bullish confirmation, this zone can be a solid entry for long positions.
Targets:
First Target: $0.4219 – Price is expected to ride the upward ray to the next significant resistance level.
Second Target: $0.4653 – If momentum continues, this becomes the next checkpoint.
Dynamic Factor: If price breaks above MA50 ($0.3579) and aligns with the bullish ray, it further validates an optimistic continuation.
Pessimistic Scenario (Bearish)
If price interacts with the descending ray at $0.4219 (resistance) and shows bearish signals, this could mark the start of a corrective phase.
Targets:
First Target: $0.368 – A return to support near the lower ray boundary.
Second Target: $0.3194 – Deeper correction if bearish momentum intensifies.
Dynamic Factor: A breach below MA233 ($0.3714) confirms bearish pressure aligning with the ray structure.
Potential Trades Based on Key Levels
Long Trade from $0.368 to $0.4219: Ideal entry near the support ray with confirmation of upward momentum. First target aligns with dynamic resistance, providing a logical take-profit zone.
Short Trade from $0.4219 to $0.368: Entry at resistance ray after bearish interaction, targeting support as the logical exit.
Long Trade from $0.3194 to $0.368: Should the price dip to this deeper support, it offers a lower-risk entry for potential reversals.
Extended Bullish Trade from $0.4219 to $0.4653: Momentum traders can ride the wave to the next resistance ray after confirming strong buy pressure.
Key Takeaway
The VSA Rays on your chart are more than just lines—they are dynamic predictors of price movement. Remember, the strategy revolves around price interaction and confirmation at these levels. The move from one ray to the next sets your primary and extended trade targets, giving you a structured plan to approach the market with confidence.
Your Turn to Dive In!
Hey traders and investors, the market’s always evolving, and the best moves come from sharp insights and smart planning. Got questions or want to discuss the levels and rays we’ve analyzed? Drop your thoughts right in the comments—I’m here to connect and collaborate.
If you found this idea helpful, don’t forget to hit Boost and save it for later. Tracking price movement against my analysis is key to mastering those critical trade zones. Seeing how the market respects or breaks these levels will sharpen your edge over time.
By the way, the rays and levels you see are drawn using my custom indicator—an exclusive tool that automatically maps out everything. If you’re interested in getting access, shoot me a private message, and we can chat about the details.
Have a specific asset you want analyzed? I’m all ears. Some analyses I can share publicly, while others might be better as private insights, depending on your strategy. Let’s tailor the approach to what works best for you.
Remember, these rays work across all assets, and the market often moves in tune with them. If there’s something specific you’d like me to map out, just Boost this idea and let me know in the comments—I’ll do my best to include it.
Finally, don’t forget to follow me here on TradingView. This is where I share my latest ideas, and staying connected means you’ll never miss out. Let’s trade smarter together! 🚀
Apple Inc. (AAPL) Comprehensive Market Analysis and StrategyGreetings traders and investors! Denis Mikheev here with an in-depth analysis of Apple Inc. (AAPL) using advanced tools from TheWaved™. Buckle up as we dive into the technical, fundamental, and price action analysis to forecast price movements and provide actionable trading strategies.
Current Market Overview
Apple’s current price stands at $235.43, approximately 9.48% below its absolute high of $260.10 reached on December 26, 2024. Despite this pullback, the stock shows strong resilience, supported by robust fundamentals and technical setups.
Support and Resistance Levels
Support Zones:
$228.75
$224.05
$217.13
Resistance Zones:
$237.05
$242.41
$244.67
Key Levels for Monitoring:
Powerful Resistance at $258.55
Critical Support at $217.55
Technical Indicators Analysis
Moving Averages (1-hour interval):
MA50: $238.39
MA100: $241.09
MA200: $247.59
Relative Strength Index (RSI):
1-hour RSI: 49.41 (neutral zone)
Daily RSI: 34.6 (oversold zone suggests potential reversal)
Volume Indicators:
MFI60 (Money Flow Index): 49.28 (neutral, no divergence noted).
Key Patterns and Historical Analysis
From recent pattern sequences:
January 13, 2025: Increased Sell Volumes with a 6.84% movement, indicating short-term bearish pressure.
January 10, 2025: Multiple “Sell Volumes Take Over” patterns with mixed buy and sell signals.
January 8, 2025: VSA Buy Pattern Extra suggests a medium-term bullish rebound pending confirmation.
These patterns align with a potential range-bound movement in the near term before a decisive breakout.
Price Action Analysis
Apple’s price action over the past week has formed a consolidative structure near key support levels. Observations include:
Lower highs and consistent testing of the $228.75 support.
A potential inverted head-and-shoulders pattern forming on the 1-hour chart, with a neckline at $237.05.
Price tightly correlates with the 50-day MA, suggesting a tug-of-war between bulls and bears.
Fundamental Insights
Apple’s upcoming quarterly results are projected to beat consensus estimates, driven by robust iPhone and service segment sales. Furthermore, macroeconomic conditions, such as softening interest rate hikes, could favor tech stocks in the medium term.
Trading Strategy
Short-Term Strategy:
Entry: Buy near $228.75 support level.
Stop Loss: $224.05 to minimize downside risk.
Targets:
$237.05
$242.41
Confirmation: Look for RSI divergence or a bullish engulfing candle.
Medium-Term Strategy:
Monitor breakout above $237.05 for long positions.
Resistance to Watch: $244.67 and $250.34.
Use trailing stops to secure profits.
Long-Term Strategy:
Accumulate near $217.13 if tested, considering its historical significance as a strong support level.
Target: $258.55 with a 6-12 month horizon.
Risk Management
Employ disciplined risk management:
Risk-to-Reward Ratio: Maintain a minimum of 1:2.
Position Sizing: Limit exposure to 2% of your trading capital per trade.
Stop-Loss Placement: Use dynamic stop-loss levels based on ATR (Average True Range).
Market Outlook
1. Short-Term: Expect consolidation between $228.75 and $237.05, with potential for a breakout.
2. Medium-Term: A bullish continuation is likely if $242.41 resistance is cleared.
3. Long-Term: A test of the $258.55 resistance is probable, contingent on broader market sentiment.
Concept of Rays
Explanation of the "Rays from the Beginning of Movement" Concept
Core Idea
My proprietary analysis method is based on using rays constructed on Fibonacci mathematical and geometric principles. These rays create a system of dynamic levels that help predict precise asset movements and identify key zones where price interactions occur. Price interaction with these rays signals probable scenarios: either a reversal or a continuation of movement, but only after interaction and the appearance of dynamic factors and patterns.
Why Predicting Specific Levels is Not Possible
Financial markets are nonlinear systems, where price movement is determined by numerous variables, including market volumes, liquidity, macroeconomic factors, and participant psychology. Instead of attempting to predict specific levels, I propose analyzing probabilities of price reaction at pre-calculated key zones. Price interaction with rays provides additional insights into the direction and strength of movement.
How Rays Work
Fibonacci Rays: Each ray corresponds to a specific angle of inclination, which is mathematically significant and correlates with natural proportions and the start of movement.
Primary Advantage: Rays are constructed from the beginning of a movement pattern, rather than traditional extremum points commonly used in classical technical analysis. This allows for the rapid and accurate accounting of new trend or corrective movement phases.
Adaptability: When a new pattern emerges, rays are automatically adjusted to show the potential movement range. Price may exit this range and enter another, interacting similarly with a different ray.
Rays are Ascending and Descending: They define the boundary of the movement channel.
How to Use Rays
Historical Analysis: On historical charts, observe how price interacted with rays. This helps evaluate how often levels defined by rays led to significant movement changes.
Real-Time Monitoring: By observing current price behavior relative to rays, you can highlight key points where scenarios such as reversal or continuation are likely.
Confirmation Tool: Rays do not replace other analysis methods but enhance them, adding a structured perspective on market behavior.
Conclusion
Apple remains a solid investment with clear technical setups and a favorable long-term outlook. Utilizing TheWaved™ tools, we’ve pinpointed actionable strategies to navigate its price movements effectively. Remember to follow your trading plan and adapt to market conditions.
For any queries or further clarifications, feel free to reach out via direct messages. All our professional-grade indicators are accessible via the link in our profile. Let’s trade smarter, not harder!
Stay disciplined and trade safely,
Denis Mikheev
TheWaved™
S&P ES Short setup target 5811 / Put SPY target 574Fibonacci technical analysis : S&P 500 E-mini Futures ( CME_MINI:ES1! ) has already found resistance at the Fib level 78.6% (6057.75) of my Down Fib. Last Daily candle (Jan 7) has closed below retracement Fib level 38.2% (5963.75). My Down Fib guides me to look for CME_MINI:ES1! to eventually go down to hit first target at Fib level -27.2% (5811.50).
S&P CME_MINI:ES1! – Target 1 at 5811.50, Target 2 at -61.8% (5731) and Target 3 at -78.6 (5691.75)
Stop loss slightly above the 50.0% retracement Fib level (5991.25).
Option Traders : My SPY AMEX:SPY chart (Down Fib from 602.48 to 580.50) shows price to go down to Target 1 at -27.2% (574.52), Target 2 at -61.8% (566.92) and Target 3 at -78.6 (563.22)
Stop loss slightly above the 50.0% retracement Fib level (591.50).
Nasdaq NQ Short setup target 20,677 / Puts XND target 205.18Fibonacci technical analysis: Nasdaq 100 E-mini Futures ( CME_MINI:NQ1! ) has already found resistance at the Fib level 78.6% (21,870) of my Down Fib. The January 8th Daily candle has closed below retracement Fib level 38.2% (21,414.50), and today’s Daily candle (Jan 8) has re-tested 38.2% resistance level further confirming sell signal. My Down Fib guides me to look for CME_MINI:NQ1! to eventually go down to hit first target at Fib level -27.2% (20,677).
Nasdaq CME_MINI:NQ1! – Target 1 at -27.2% (20,677), Target 2 at -61.8% (20,287) and Target 3 at -78.6 (20,097)
Stop loss slightly above the 50.0% retracement Fib level (21,547.50).
Option Traders : My NASDAQ:XND chart (Down Fib from 218.38 to 208.00) shows price to go down to Target 1 at -27.2% (205.18), Target 2 at -61.8% (201.59) and Target 3 at -78.6 (199.85)
Stop loss slightly above the 50.0% retracement Fib level (213.19).
Bearish move coming up for XAUUSD?Daily timeframe: Price is currently trading around 2689, with price action hovering around our HTF OTE zone (2685-2696.4).
H4 Timeframe: Price is currently trading within our H4 ascending channel and has met with our H4 SnR zone + at the resistance trend line.
I would expect a minor push up before a nice breakout sell soon, this is also supported with DXY’s price actions as I would expect DXY to retrace a little to an area of discount before pushing up higher. Furthermore, fundamental news thus far puts the US Market in a good condition for more growth, and hence, putting technical and fundamental analysis together, I would expect a correction for XAUUSD in the following days/weeks.
Stay tuned!
Bearish move coming up for XAUUSD?Daily timeframe: Price is currently trading around 2689, with price action hovering around our HTF OTE zone (2685-2696.4).
H4 Timeframe: Price is currently trading within our H4 ascending channel and has met with our H4 SnR zone + at the resistance trend line.
I would expect a minor push up before a nice breakout sell soon, this is also supported with DXY’s price actions as I would expect DXY to retrace a little to an area of discount before pushing up higher. Furthermore, fundamental news thus far puts the US Market in a good condition for more growth, and hence, putting technical and fundamental analysis together, I would expect a correction for XAUUSD in the following days/weeks.
Stay tuned!
I know what's NEXT for Bitcoin!I recently shared two thoughts on Bitcoin price action to come..
In one of them I call for a retrace to 85K or lower, in the other I call for a new ATH. I know this might be a bit confusing so let's shed some more light on it.
Here you see BTC on the 1W Timeframe. I am using the Dynamic Fib Retracement indicator to do some trend analysis based on Fibonacci.
The blue colored zone/band is the golden pocket as calculated by the indicator from pivot highs/lows within a certain lookback range. The lines are the 0.236 (Preliminary), 0.382 (Secondary) and 0.5 (Median) Fibonacci retracement lines calculated in the same way. The purple line is the 1.618 retracement line (aka the ''Target Line'').
Now you understand this I can explain my thought process:
Scenario A (Bullish)
If price can manage to get back above the blue preliminary fib line and hold that range (around $98,550), I am convinced we see a new ATH for Bitcoin. The purple target line suggests the target for that would be around $117,000+ USD per BTC.
Scenario B (Bearish)
If price cannot get back above the blue preliminary fib line and finds resistance in that range around $98,550, I am convinced we see a bigger retracement for Bitcoin. The blue zone/band suggests the target for that would be around 80-83K USD per BTC as of right now, but this golden pocket band will slightly adjust higher so lets say $85,000 per Bitcoin.
Do you agree or do you have other ideas? Let me know!
BTC On Its Way To New ATH?!Nice recovery for Bitcoin!
It looks really good for an attempt to break the ATH I must say..
This is the 3D Chart.
We crossed back above and are bouncing off the light blue preliminary fib line on the DFR , this could be a leg up towards $120,000 but lets stay conservative and say $104,000 is our first target if we manage to break through $101,500.
The level to hold for bulls is $96,300. Everything in between is irrelevant and would suggest BTC going higher.
What are your thoughts? Is a new ATH near for Bitcoin?
BTC/USDT Analysis: Bitcoin Riding the Waves of Optimism As we dive into this BTC/USDT chart, it’s clear that Bitcoin is not just a cryptocurrency—it’s an art form. The chart showcases a detailed Elliott Wave analysis, complete with corrective W-X-Y patterns and impulsive waves screaming, “I’m going places!” Let’s break it down step by step.
The Elliott Wave Breakdown
Bitcoin has been playing out its Elliott Wave structure with the precision of a virtuoso pianist. Here’s what we’re looking at:
1. Wave (1) to Wave (5): A Symphony of Higher Highs.
2. Wave (1) was the opening act, starting the bullish rally.
3. Wave (2) provided a dramatic correction, retracing as deep as a poet’s feelings on a rainy
day.
4. Wave (3) emerged as the headliner, the longest and strongest wave, with Bitcoin shouting,
“Catch me if you can!”
5. Wave (4), our consolidation buddy, is taking a breather, making sure BTC doesn’t exhaust
itself before the final sprint.
6. Wave (5) looks ready to take the stage and hit the projected target of $128,647.56. The bulls
seem to be prepping their rockets for this one.
2. The W-X-Y Correction
Before the current rally, BTC went through a complex W-X-Y correction. Think of it as Bitcoin saying, “Let me stretch a bit before the next marathon.” This correction has set the stage for the bullish impulses we’re seeing now.
Indicators: The Whispering Bulls
1. Williams %R and Stoch RSI: Hidden Bullish Divergences
Both indicators are practically screaming “hidden bullish divergences” like fans at a rock concert. These signals suggest that the bulls are working behind the scenes, setting the stage for the next big move.
2. RSI: Staying Strong
The RSI remains comfortably above 50, signaling that the bullish momentum is intact. It’s like Bitcoin is cruising down the highway, windows down, music blasting, and no signs of slowing.
The Price Target: To $128,000 and Beyond!
Bitcoin has been known to defy expectations. While $128K might feel like aiming for the moon, let’s not forget—this is Bitcoin, and the moon is just the first stop.
Key Levels to Watch
1. Support Zones
The $80,000 level is a key psychological support. If Bitcoin revisits this area, it could serve as a launchpad for the next leg up.
2. Resistance Levels
The $100,000 mark will likely be a battle zone. Expect bears to put up a fight here, but with the momentum we’re seeing, the bulls might just plow through.
In Conclusion: Strap In, Bulls
Bitcoin is looking bullish on all fronts. The Elliott Wave structure, hidden bullish divergences, and strong RSI readings all point to higher prices in the near future. However, as always, remember that markets love surprises, and it’s always good to keep your risk in check.
For now, though, it looks like Bitcoin is preparing for a grand finale. Let’s hope the bulls keep the momentum going because $128,647 is calling, and Bitcoin seems eager to answer. 🚀
Disclaimer: NOT FINANCIAL ADVISE!
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
The Bitcoin Matrix: Fibonacci’s $250k BlueprintI am tracing Bitcoin's trajectory to $250k using a unique technical lens - Fib circles on a logarithmic chart paired with extension spikes. These circles, six in number, have been instrumental in identifying key price action stages since Bitcoin's first halving.
We group these stages into three 'duo-phases'
( I, II, III )
( With two for each )
Each Macro Pair representing an integral era of Bitcoin's technical evolution in Logarithmic mode through s/r.
I've also linked my other future proof Bitcoin analysis ideas below.
Bitcoin Outlook Q1 2025BTC/USDT Weekly Outlook
Based on this chart, Bitcoin is showing a strong uptrend on the weekly chart, currently navigating key levels that could determine its secondary trend before continue the next rally!.
Here's my technical analysis using trend based fibonacci.
KEY LEVELS TO WATCH
Support Levels :
1. $94,800 (0.786 Fib). BTC is sitting near this level, which is acting as a short term support zone. Holding above this level keeps the bullish momentum alive.
2. $85,000 (0.618 Fib). This is a more significant support level. A drop to this level would still align with a healthy correction within the broader uptrend.
Resistance Levels :
1. $107,000 - 108,000 (1 Fib). The next major resistance BTC needs to break for a continuation of the rally.
2. $120,000+ (1.272 Fib). This is the first target for a breakout beyond the major resistance, I think this is the base target for Bitcoin on this cycle and might as well the top on this cycle.
Indicators :
1.Exponential Moving Averages 21&34 showing below the current price on weekly chart indicating a very bullish trend, we could see potential buy when Bitcoin reaching near above the EMA.
2. Stochastic, shows the Bitcoin is overbought, signaling a potential slowdown or minor pullback in the short term. However, in strong uptrends, overbought conditions can persist for weeks, so this isn't necessarily bearish.
3. Volume, the trading volume has been steadily increasing, which supports the ongoing uptrend. Watch for higher volume during breakouts to confirm the move.
Scenarios to Consider :
1. Bullish Continuation
If BTC holds above $94,800 and breaks past $107,000, the next target would be $120,000+ (1.272 Fib). This scenario aligns with the current trend and market strength.
2. Healthy Pullback
A dip to $85,000 (0.618 Fib) would still be considered a natural retracement in the bigger picture. Look for buyers to step in at this level to keep the rally alive.
3. Bearish Reversal
If BTC loses the $85,000 support and the moving averages start flattening or turning downward, it could signal a deeper correction or a potential trend reversal, keep an eye for reversal chart pattern and any signs of reversal.
Overall, Bitcoin's bullish structure is intact, with the price consolidating near a critical Fibonacci level. While short term corrections are possible, the bigger picture points toward further upside if key supports hold. A breakout above $107,000 opens the door for a push toward $120,000+, but traders should keep an eye on the $94,000 and $85,000 levels for signs of weakness.
Oil Long 4HThis trade idea is based solely on Price Action. I observed that oil has broken the previous neckline, and I expect a pullback to the golden zone of the Fibonacci retracement for the previous leg. Before entering the trade, I'm looking for confirmation on a lower time frame, such as the 30-minute chart. An ideal confirmation would form a 'W' pattern, preferably with a higher low in the second leg.
69.20-69 is the entry zone with almost 50 pips SL
NVIDIA and Tesla TechnicalsNVIDIA
As much as I want the train to keep moving forward, we are at an inflection point where the bears are starting to really pile in. The bulls are pulling back, and we may experience that -10% S&P correction. Everyone says this would be "healthy" for the markets, which would align in the traditional sense.
However, we live in a different time now. With emerging markets and excess capital, companies are healthy. But, the economy is weakening. The Biden Administration has propped up the stock market with faulty "jobs numbers" adding ridiculous amount of government employees to supplement Jots Jobs Reports.
Furthermore, this is the time of year for reallocation for major capital holders. Hence, the volatility increase.
I fear the Bears are taking advantage of this time to pile on. NVIDIA had an increase of shorted shares by 4.5% in December. If the Bears take over and the bulls pull back NVIDIA will move down to $120
NVIDIA at $120 is inside "The Golden Fibonacci Pocket", a round number, AND the HIGHEST VOLUME Price level for the entire year of 2024.
3 VERY significant technical reasons big money will wait for this $120 level to be reached.
It will ALSO be where the Shorts of $139-$140 will cover.
This could spawn a V shape recovery from $120 flying HIGH straight to $160 ($4 Trillion Market
Cap). Apple is at $3.85 Trillion.
NVIDIA currently does more Net income with 30% the Revenue that Apple does.
Who will reach $4 Trillion first?
TESLA
In a much more simple analysis. TESLA is currently testing the 78% Fibonnaci Level. Already flushed through the short time frame "Golden Pocket". So, the 78% Fib is the last line of support for TESLA.
The break of the 78% Fib level will be a clear sign of a move down to a lower low, with support being around the bottom of the downtrend channel seen in the chart.
IF interested in shorting TESLA is the better one.... currently. However, that could change.
I personally will only Day trade SHORTING TESLA looking for the $365 level to start buying in, and dollar cost averaging down. TESLA is here to stay, I'm sure. Same with NVIDIA
JUST REMEMBER... Apple has gained 60,000% since 2001.... and I believe NVIDIA is the future. Because, AI is the future. Like smart phones were the future. I believe AI will be bigger than Tele-Communications.
Will Bitcoin Go Up or Down from Here?Where does Bitcoin go from here?
In my previously published idea I supported the idea for a bounce from 95k. We did closed above 95K but looks like we are not going to hold it..
According to Fibonacci (using my Dynamic Fib Retracement indicator), if we now close below the preliminary fib line around 95K, this could spell trouble for Bitcoin and result in more downwards price action.
Also according to the DFR , targets for that would be:
80.5K USD (The Orange 'Median Line') and 70-73K USD (Inside the blue Fib Golden Pocket)
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