Bitcoin and altcoin overview (February 28-29)Yesterday, Bitcoin followed the priority scenario and continued its downward movement after testing the sell zone at $86,700–$89,600 (mirror zone, volume anomalies).
At the moment, we are approaching the key buyer zone at $77,000–$73,000. Significant volume anomalies are emerging nearby, and seller price action is weakening, but there are no reversal formations yet.
The main expectation for the near future is a test of the mentioned buyer zone, followed by a pullback.
The sell zone at $86,700–$89,600 remains active but with a slight shift.
Sell Zones:
🔻 $107,000–$109,000 (volume anomalies)
🔻 $97,500–$98,400 (pushing volumes)
🔻 $95,000–$96,700 (accumulated volumes)
🔻 $91,300–$92,600 (accumulated volumes)
🔻 $87,000–$89,600 (mirror zone, volume anomalies)
Buy Zones:
🟢 $77,000–$73,000 (volume anomalies, pushing volumes)
Interesting Altcoins:
For CKB , considering a short position if there is a reaction in the $0.007–$0.0074 zone.
Wave Analysis
GBPUSD Swing possible outlook HTF (Higher Timeframe)
- GBPUSD is Bearish
-Price is above discounted level, tapped HTF-POI, in premium level.
-Look for confirmed entries on LTF
LTF (Lower Timeframe)
-GBPUSD is Bearish
-Price after mitigating HTF-POI, it resulted into MSS.
-using the last internal high and low, premium and discount, Imbalance and momentum, i can identify a possible POI for shorts. my internal low will be confirmed once price closed above fractal LH.
USOIL Is going to Drop to 75.8 A BarrelThe price of USOIL is expected to decline to $75.8 per barrel, indicating a potential bearish move in the market. Traders should watch for key support levels and market reactions to confirm the trend. Factors like supply-demand shifts, geopolitical events, and economic data could influence the drop.
ETH Poised to Decline to 1600ETH Poised to Decline to 1600
ETH has been struggling to rise for an extended period, consistently displaying bullish patterns. However, each attempt has resulted in false breakouts, as evidenced by the daily chart, which shows the formation of larger bearish patterns. The bearish momentum has remained strong.
Given the current conditions, ETH has broken down from a new pattern and is likely to move down further, as indicated on the chart.
Key support levels to watch are:
2100
1880
1635
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Bitcoin Price Drop: Causes and Implications
Bitcoin, the leading cryptocurrency, has recently experienced a significant price drop, raising concerns among investors and traders. Several factors contribute to such declines, including market sentiment, regulatory developments, macroeconomic trends, and large-scale liquidations.
One major reason for Bitcoin's price decline is the increasing regulatory pressure from governments and financial institutions. Stricter regulations, bans on crypto transactions, or tax policies can negatively impact investor confidence. Additionally, economic instability, inflation rates, and interest rate hikes by central banks also play a crucial role in shaping the crypto market's performance.
Another contributing factor is mass liquidations caused by leveraged trading. When Bitcoin’s price drops suddenly, many traders with leveraged positions are forced to sell their assets, triggering a chain reaction that further drives prices downward. Moreover, negative news, security breaches, or unexpected announcements from major crypto exchanges can intensify panic selling.
Despite these short-term fluctuations, Bitcoin has historically demonstrated resilience, often rebounding after major corrections. Long-term investors usually view these dips as buying opportunities, while traders navigate volatility to capitalize on price movements. As the market matures, Bitcoin’s future will continue to be influenced by global economic trends and technological advancements in blockchain adoption.
NZDJPY - Shifting Trends Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉NZDJPY has been overall bearish , trading within the falling channel marked in red.
However, it is currently retesting the lower bound of the channel which lines up perfectly with the support zone marked in blue.
📈As per my trading style , as long as the support zone holds, I will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
bermuda triangles on #BTC where the money disappear2 options where BTC may end the descent and turn
We are about to complete a downward impulse in C of the flat correction on bitcoin
there's a confluence on FIbs - option one with a decent liquidity level
and an intersection of a impulse's dynamic support with a livermore's channel on weekly timeframe
live trade small capital to get big now posible ✅ Decentralized – No central authority controls BTC. Transactions are verified by a distributed network of nodes.
✅ Limited Supply – There will only ever be 21 million BTC, making it a scarce asset.
✅ Blockchain Technology – Transactions are recorded on a public ledger (blockchain), ensuring transparency and security.
✅ Proof-of-Work (PoW) Consensus – BTC is secured by miners who use computational power to validate transactions.
✅ Store of Value – Often referred to as digital gold, Bitcoin is used as a hedge against inflation and economic uncertainty.
✅ Borderless & Censorship-Resistant – Can be sent and received anywhere in the world without restrictions.
Bitcoin Use Cases:
CHFJPY - Bearish Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈CHFJPY has been overall bearish trading within the falling wedge marked in red and it is currently in a correction phase approaching the upper bound.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the structure and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #CHFJPY approaches the red circle, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD - Bullish No More!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURUSD has been overall bullish, trading within the rising channel, however it is currently retesting the upper bound of the channel.
Moreover, the red zone is the upper bound of its weekly range.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the structure and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #EURUSD approaches the red circle, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hellena | Oil (4H): SHORT to the area of 67,037 (Wave C).The price is still in a downtrend and I believe that before the price starts an upward movement it needs to complete a big “ABC” correction and a small five-wave formation.
I think the price will reach the level of 67,037. This level is quite important, because in its area we need to look carefully for reversal patterns.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): LONG to resistance area of 6140.Dear Colleagues, price has gone lower than I thought it would and now we need to redraw the waves. Apparently, the price has updated the minimum of wave “2”. Therefore, I believe that the price will soon continue the upward movement in wave “3” anyway.
The “ABC” correction seems to be completed and the 5915 area served as support for the second time.
I expect the price to touch this area once again and then continue to the resistance area of 6140.
Or it will immediately start moving towards this area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EURUSD Poised for a Pullback—Possible Sell Opportunity Incoming!Watching EURUSD, a potential retrace into the imbalance today and into Monday could present a selling opportunity between Monday and Tuesday. I’ll aim to follow up with a video over the weekend or on Monday. For now, be cautious—avoid selling at this level, as price is trading into a key support zone.
USD/JPY Extends Its Bearish JourneyHello, traders! What are your thoughts on USD/JPY?
The pair continues its prolonged bearish trajectory, currently hovering around 149.411. The weakness and instability of the US dollar have failed to provide support, making USD/JPY even more lackluster compared to its currency counterparts.
From a technical perspective, the bearish momentum has intensified as the previous ascending channel was broken by sellers. A deeper decline is expected, with key downside targets outlined in my analysis.
What about you? Are you anticipating further declines in USD/JPY? Let me know your thoughts!
@XLMUSDT still in its bearish trend@XLMUSDT is still in the downtrend. It is in wave C correction wave. The target price is indicated in the chart.
Trading pullish is a counter trend trade. so you have to reduce the volume.
Trading bearish is better but use a tighter stoploss not to get hurted.
Goodluck
btc buyy buy now now yesssss Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It is a decentralized digital currency that operates on a peer-to-peer network without the need for intermediaries like banks or governments.
HIVE LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
HIVE LONG SETUP
ENTRY : 0.2170
PROFIT : 0.2994
STOP : 0.1835