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BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible. On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective Briefly, here's what's going on: Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ... Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss. Support levels: 95.8 (trigger), 91300, 90K Resistance levels: 100.2, 102.67 Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow. At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
40
BRENT - Intraday forecast, Technical Analysis & Trading IdeasMidterm forecast: While the price is above the support 68.485, beginning of uptrend is expected. We make sure when the resistance at 81.651 breaks. If the support at 68.485 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 81.735 on 01/15/2025, so more losses to support(s) 73.868, 71.698, 70.505 and minimum to Major Support (68.485) is expected. Take Profits: 75.270 77.558 79.049 81.651 84.161 87.271 91.613 95.108 98.908 103.260 106.431 115.785 123.265 131.000 __________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
BLACKBULL:BRENTLong
by ForecastCity
20
Will GBP/JPY Attempt to Push Higher?Due to it's failed attempts to break each Lower High and the Highest High, I believe it's time for GBP/JPY to sell further. Looking at it on the daily timeframe, I've identified areas of strong support that needs to be broken, preferably with a momentum candlestick and a close below from H4 to Daily. Target prices identified, coincide with the various structural supports as well as Fib Trend Extension levels with the final target being a possibility for price to "spike" into, reversing for a possible retracement. View video for a full explanation and identified TPs. Please "like" and feel free to comment with your own ideas or agreement!
Short
by rhashedaw
5
EURJPY - Intraday forecast, Technical Analysis & Trading Ideas💡 H4: ShortTerm Forecast: Price rejected from Downtrend and Sell Zone. Sell Zone: 163.18 ~ 164.84 Forecast: 1- Correction wave toward the Sell Zone 2- Another Downward Impulse wave toward Lower TPs SL: Above 164.84 💡 H1: Intraday Forecast: The Uptrend is broken, and the price could start an impulse wave. Sell Zone: 162.71 ~ 163.18 Forecast: 1- Correction wave toward the Sell Zone 2- Another Downward Impulse wave toward Lower TPs SL: Above 163.18
Short
by ForecastCity
5
Rio Tinto (RIO) / Australian Dollar | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Rio Tinto (RIO) / Australian Dollar - Double Formation * ABC Flat | Entry & Sideways Correction * 012345 | Wave Feature & Short Set up | Subdivision 1 - Triple Formation * 1st Trendline | Triangle Configuration | Subdivision 2 * 2nd Trendline | Support & Ranging Structure | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
EASYMARKETS:RIOAUD
by TradePolitics
$SOL back to $79 to $111If you look at the chart, you can see that every time we've touched the blue trend line, price has bounced off of it and gone higher. If price bounces here and forms a lower low, then I think the setup is there to finally break the trend line to the downside and head lower. If price breaks below that trend line , then I think the structure of the chart turns bearish and that price falls into the box on the chart between $79-111. Let's see how it plays out over the coming weeks.
COINBASE:SOLUSDShort
by benjihyam
2
Genpact Limited Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Genpact Limited Stock Quote - Double Formation * Double Bottom Structure | Entry Bias | Subdivision 1 * Numbered Retracement | Long Support - Triple Formation * 1st Trendline | Completed Survey | Subdivision 2 * 2nd Trendline | Uptrend Bias & Pattern Confirmation | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
NYSE:GLong
by TradePolitics
This week's current Playbook on Crude Oil...NYMEX:CL1! "It's not the strongest, but the most adaptable that survive." -Charles Darwin. Wassup Family. I hope everyone has been well. This yr so far has been rough in the markets; however, we will adapt and win through. In this brief video I gave my current outlook on Crude Oil and what we could see happening this week. Remember nothing is set in STONE we play the long-term game of probability. Ill keep update as PA develops on what HP SU's we'll be looking to Catch! Let's be skilled, let's be disciplined, Let's prepare & follow our system 100%. Let's Focus on the performance of our Management. Let's go 2 work! Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well an Abundance of low hanging fruit awaits us." -500KTrey +Shalom
NYMEX:MCL1!
by TreyHighPwr
XRP Breaks Out of Downtrend Is a Big Rally About to Begin ?XRP is currently trading around 2.42 and has recently broken out of a descending channel formation. This breakout suggests a potential shift in momentum from bearish to bullish. The price is now consolidating just above the trendline, indicating that buyers are stepping in to support this level. The descending channel was characterized by consistent lower highs and lower lows. However, the breakout above the upper boundary of the channel signals that the selling pressure may be weakening. If the price holds above this level, further upside movement is expected. A key support level is now established around 2.40 to 2.42, which was previously resistance. If the price stays above this zone, the bullish case strengthens. Immediate resistance is found around 2.50 to 2.55, where price has faced rejection before. A decisive break above this area would confirm further upside movement. Volume analysis shows that trading activity is still relatively low, which is common during consolidation phases. A strong increase in volume above 2.45 would provide additional confirmation of bullish strength. Monitoring this volume breakout is essential for validating the move. Momentum indicators such as the RSI should also be observed. If RSI moves above 55 to 60, it would indicate growing buying pressure. A hidden bullish divergence, if present, would add further confidence to the breakout. The first target for this breakout is 2.50 to 2.55, where resistance is expected. If price gains strength beyond this zone, the second target would be 2.65 to 2.70. These levels mark potential areas where price could face selling pressure or profit-taking. To manage risk, a stop-loss should be placed below 2.38 to 2.40 to avoid potential fakeouts. If price falls back below this support, the breakout could be invalidated, leading to a potential retest of lower levels. XRP is at a crucial turning point, with signs of bullish momentum building. If the price sustains above the breakout zone and breaks through 2.45 to 2.48 with strong volume, a larger upward move could follow. Traders should remain cautious but keep an eye on price action for confirmation of the next trend direction.
Long
by wolfchemist
1
Citigroup Inc Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Citigroup Inc Stock Quote - Double Formation * (Uptrend Argument)) | Completed Survey * ABC Flat & Entry Feature | Subdivision 1 - Triple Formation * 1st Retracement | Retest Area & Uptrend Bias | Subdivision 2 * 2nd Retracement | Long Support | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
BMV:CLong
by TradePolitics
I am Amazed how XAU/USD Gold moving in a channel of 18 degrees. FX:XAUUSD COMEX:GC1! I am amazed by how XAU/USD Gold is moving in a channel of 18 degrees on hourly chart. I am a student of market geometry and how often we see such a clear trend, really fascinating! The scenario here is clear just trade the bounce off of the lower channels and we will only be short if market breaks below lowest band on this chart until then we are bullish. Keep your first targets @ upper band. Keep following for more ideas.
OANDA:XAUUSDLong
by awan0454
Alt season could already be here, only is winter seasonThe Crypto Market at a Crossroads: What’s Could Next for Bitcoin and Altcoins? The cryptocurrency market is at a critical juncture, and the narratives being pushed by crypto influencers might not be telling the full story. Over the next weeks and months, the altcoin landscape could undergo significant changes, and there are signals emerging that few are discussing. In this post, I’ll analyze Bitcoin, altcoins, and Bitcoin dominance and what I expect in the coming months. Bitcoin’s Current Position: Are We Near the Top? When analyzing Bitcoin, it’s crucial to zoom out and assess the bigger picture. On a weekly chart, Bitcoin’s price action suggests that we might be nearing a top. While some argue that the peak has already occurred, the current structure indicates that Bitcoin could enter a sideways/ downward movement like we saw last year. If Bitcoin continues to move sideways, altcoins are likely to follow suit. However, during these phases, some altcoins may experience brief runs, especially if Bitcoin dominance starts to decline. But here’s the catch: Bitcoin dominance has been steadily rising since Bitcoin’s bottom, which is unusual. Typically, during the late stages of a cycle, Bitcoin dominance drops as altcoins surge. This time, however, the landscape seems different. Altcoin Season: A Muted Rally? The idea of a massive altcoin season, where all altcoins surge simultaneously, might be a thing of the past. While some coins like BINANCE:SOLUSDT have already seen significant runs (from nearly $80 to $300 top in one year), the broader altcoin market has not experienced the same explosive growth. Instead, only a select few altcoins made significant moves. This doesn’t mean that altcoins are dead. There will still be opportunities, but they will likely be more selective. Coins that have already made substantial gains, like Solana, may have already topped out. Going forward the key should be to focus on coins that show strong volume breakouts and price action, rather than holding onto underperforming assets. Bitcoin Dominance and the Changing Landscape Bitcoin dominance has been on an upward trajectory, which is unusual for this stage of the cycle. Historically, Bitcoin dominance falls as altcoins begin to rally. However, this time, the dominance chart suggests that the market dynamics are shifting. While a drop in Bitcoin dominance is still possible, it may not be as pronounced as in previous cycles. This changing landscape could be due to the sheer number of altcoins in the market. With thousands of coins vying for attention, there simply isn’t enough liquidity to pump all of them. This dilution effect means that only a handful of coins will likely see significant gains, while the majority will continue to underperform. The Role of Meme Coins and Newer Projects One of the standout trends in this cycle has been the rise of meme coins and newer projects. Coins like BINANCE:SUIUSDT , which launched during this cycle, have already broken their all-time highs. However, even these newer coins may be entering a bear market phase. The market is saturated, and without a significant influx of liquidity, it’s unlikely that we’ll see another massive altcoin season. Meme coins, in particular, have been a double-edged sword. While they’ve provided some of the most explosive gains, they’ve also drained liquidity from the broader market. This extraction of value has made it harder for other altcoins to gain traction, further complicating the market dynamics. The Bigger Picture: A Potential Bear Market Looking at the broader market, there’s a growing possibility that we could be entering a bear market. The sheer number of coins in the market, combined with the lack of liquidity, suggests that the crypto space is due for a significant shakeout. Coins like BINANCE:DOTUSD , CAPITALCOM:FILUSD and even BINANCE:ADAUSDT , which have been in a bear market since 2021, are a prime example of this trend. Many altcoins are already down 80-90% from their all-time highs, and the chances of them recovering are slim. This is why it’s crucial to focus on coins that have already established a bull trend and are hovering around their support zones, as they have a higher probability of breaking out and continuing their upward trajectory. Key Takeaways and What to Watch For 1. Bitcoin’s Sideways Movement: Bitcoin is likely to move sideways or slightly downward in the coming weeks, which could create opportunities for select altcoins. 2. Selective Altcoin Runs: Not all altcoins will rally. Focus on coins with strong volume breakouts and price action. 3. Bitcoin Dominance: Keep an eye on Bitcoin dominance. A drop could signal a brief altcoin rally, but it may not be as significant as in previous cycles. 4. Meme Coins and Newer Projects: While meme coins and newer projects have seen gains, they may be entering a bear market phase. Be cautious with these assets. 5. Long-Term Bear Market : The crypto market could be entering a bear market. Focus on preserving capital and avoid holding onto underperforming assets. Final Thoughts: The crypto market is at a crossroads, and the next few months could be pivotal. While there will still be opportunities, they will likely be more selective and harder to come by. By focusing on strong projects with solid fundamentals and avoiding the hype, you can navigate this changing landscape more effectively. Remember, the key to success in crypto is not just about making money—it’s also about avoiding losses. Best of Luck! Mihai Iacob
COINBASE:BTCUSD
by Mihai_Iacob
20
Cloudflare, Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Cloudflare, Inc. Stock Quote - Double Formation * ABC Flat Feature | Entry Bias & Subdivision 1 * (Consolidation Argument)) At 101.00 USD - Triple Formation * Trendline & Pennant Structure | Subdivision 2 * Numbered Retracement | Uptrend Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
NYSE:NETLong
by TradePolitics
#BERAUSDT Expecting a reversal and price drop📉 SHORT BYBIT:BERAUSDT.P from $5.635 🛡 Stop Loss: $6.380 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:BERAUSDT.P is facing strong resistance around $5.635, signaling a potential price reversal. ➡️ The $5.635 - $6.000 area has acted as a liquidity zone before, and if buyers start taking profits, a correction downward is likely. ➡️ The primary target for the decline is $4.145, a level where previous buy activity was observed. ➡️ Volume is starting to decline, indicating a potential shift from buyers to sellers. ⚡ Plan: 📉 Bearish Scenario: ➡️ Enter SHORT from $5.635 if the price fails to hold above resistance. ➡️ Risk management with Stop-Loss at $6.380, above key resistance. 🎯 TP Target: 💎 TP1: $4.145 — strong support and profit-taking zone. 🚀 BYBIT:BERAUSDT.P Expecting a reversal and price drop! 📢 After a strong upward move, BYBIT:BERAUSDT.P is approaching a potential reversal zone. If the price fails to hold above $5.635, a decline towards $4.145 is likely. 📢 However, if buyers manage to push the price above $6.000, the short scenario may be invalidated, leading to further bullish momentum.
Short
by MoriartyTrading
Gold : Bearish Correction in Play, Key Support at 2809Gold Technical Analysis The price dropped from its all-time high (ATH) recorded on Friday. At the start of the week, gold is expected to undergo a bearish correction, as the daily candle shows strong bearish momentum, potentially driving the price toward 2,841 and 2,823. However, the key support level at 2,809 will be crucial—a daily candle closing below this level would confirm further bearish continuation. Otherwise, a bounce from this area could signal the beginning of another strong bullish phase. Key Levels Pivot Point: 2861 Resistance Levels: 2873, 2887, 2918 Support Levels: 2841, 2823, 2809 Trend Outlook Bullish Confirmation above 2880 Movement Range: 2861 – 2841 Bearish while below 2861
OANDA:XAUUSDShort
by SroshMayi
EUR/GBP - Weekly Outlook (Strong AMD Model)After breaking this Chart down I have found a setup I am very happy with. I shall break this down to help you understand my process. 4H Chart Only... Firstly we start off with a strong Buy side Liquidity sweep. This tells me that price wants to target its next lot of Liquidity which is further down towards the labels Demand zone. We noticed a CHoCH which would have been a nice trade if you could have captured that move BUT.. you still have time! In my eyes I see a valid AMD Entry Model with Accumulation with some price evaluations followed buy a Manipulation then on the LTF changing character once again giving me a strong confluence that price will push down harder to give us the valid distribution. We haven't see any form of tap of supply zones so I would like to see price pull up and wick into some sort of LTF Supply as we want this Distribution to continue running. Once we break this Liquidity Trend Line it will be a very high Probability Trade Setup so you could look for sells after taking that Breakout too Good Luck to the Traders that decide to follow.
Short
by jamesibartram