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Longtermbearish

What’s Next for Bitcoin?COINBASE:BTCUSD 4-Hour Chart Analysis Bitcoin is currently trading at $95K during the European session and is showing signs of forming an Ascending Broadening Wedge , which traditionally indicates a long-term bearish trend. However, the 4-hour and 5-hour volume data do not yet align with the expectation of a price drop. So, what’s next? While the Broadening Wedge is typically bearish, the structure appears incomplete. Bitcoin is currently trading just above the lower trendline of the Rising Broadening Wedge, which serves as a strong support level. Based on this support, we anticipate the price will likely begin a bullish cycle from this level, eventually breaking through the ultimate psychological resistance at $100K and targeting $110K. We believe that upon reaching around $110K level, the market structure will complete. At that point, we will provide further analysis on what to expect next. Stay tuned for updates! Key Levels: Strong Pivot : 87,500 Ultimate Resistance: 100k Price Target: 110k Follow your risk management strategies for long-term success. Wishing you Happy Trading!
COINBASE:BTCUSDLong
by SpicyPips
USD/CHF Scalp strategies - Approaching HTF 6.6 R:R shortAs I mentioned in my setups last week, we broke out of a HTF triangle to the downside. We are currently in an uptrend pullback but are at 2 key retrace levels on the fib from recent swing high and low that we can target as scalp trades prior to taking our longer term short trade. Since we just broke out of a strong downtrend trend line to the upside, we expect an upside push for further liquidity. Confluence for upside scalps: 1. Breakout of strong downward channel - Short term upside momentum 2. Approaching 61.8% retrace level which lines up perfectly with the bottom of the triangle that we broke out of. 3. 70.7% level is sitting right at the bottom of a strong unmitigated supply zone which was created by the former swing high. Sellers could use this zone for larger push to downside (and trend continuation) If price does not fail at this 50% resistance level with strong volume, I expect first a retest of the 61.8% retrace level at .8930 (80 pip profit) and if break that level we will be expecting price to mitigate the 70.7% level and supply zone above at the .898 level (125 pip profit). This gives us multiple scalp opportunities to the upside prior to taking our large short trade (6.6 R:R) once price reaches these supply zone levels.
Long
by ReigningTrades
Head & right shoulder (Weekly) Dump incoming! 49k-53kIn the big picture. We can notice the pattern's right shoulder that has not been created properly yet 49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started. When we look at the daily. It is quite optimistic but the right shoulder is not there yet. This is how it seems to me. If you would like to see my new gem and other altcoins gems, don't skippy, bounce your sticky money on the like button. Thank you very much!
Long
by Flowrowboat