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BITCOIN → Retest of key support. What can happen?BINANCE:BTCUSD continues to form a consolidation, this could continue until Trump's inauguration. Price is approaching a key support level and a liquidity zone that harbors both crowd fear and huge potential. On W1, price is trying to consolidate above the global rising line playing the role of support. Buyers can aggressively defend this area because if this area is lost, price could very easily and quickly descend to 72-75K. Bitcoin has moved into a local correction due to economic data, but the global fundamental picture is quite positive (thanks to Trump and community interest). Levels in the 91K - 89K - 86K zone are attracting the attention of major players as these are psychologically important and historically strong buying zones, especially against the backdrop of a strong bullish trend. The current flat and consolidation boundaries may persist as traders and the community wait for Trump's inauguration and his active actions, and the economic data had only a temporary impact. Resistance levels: SMA, 99.5K, 102.5K Support levels: 91.7K, 89.3K, 86.7K A false break of support can provoke quite a violent reaction. After such a strong fall, I expect a rebound rather than a breakdown. I do not exclude a retest of 89-86K before further growth. Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
4
Bitcoin - Why is everyone wrong about the upcoming moveEveryone is turning very bullish again on BTC and altcoins. I really don't think it will be that easy; the whales need liquidity and make money before pushing the price higher. From a technical perspective, there is no confirmation of an uptrend, but let's take a look at the details. First of all, let's take a look at the huge ascending channel. The price respects both trendlines very precisely. On 17. December, Bitcoin hit the top of the channel and got rejected from it. It would definitely make sense if the price now retests the middle of the channel, which is currently at around 85k. Second, we still have a completely unfilled and untested FVG (Fair Value GAP) on the daily chart. This GAP is between 85k and 77k. This price action should be tested. Third, we have a pretty significant head-and-shoulders reversal pattern at the top of the trend. This pattern looks pretty solid, there is a lot of liquidity below it. All stop losses from traders and liquidations on the futures market. If you see multiple swing lows next to each other, you may be pretty sure that the price will go here and sweep the liquidity. Fourth, from the Elliott Wave perspective, we have finished wave (3) of an impulse wave larger degree. We should make an ABC correction, so I think we are in wave (4). After we finish this correction, we start wave (5). This will bring the price of Bitcoin to an all-time high. I expect Bitcoin to hit around 125k. Fifth, let's take a look at the RSI indicator. On the daily chart, there is clearly a downtrend. The line makes lower lows and lower highs. Also, we can see a bearish divergence. This is not an uptrend, but a downtrend. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
193
GOLD → The calm before the storm. What to expect?FX:XAUUSD is consolidating above 2645 and trying to test the strong resistance of 2664. Downside risks are quite high and it may happen after liquidity capture. Gold has high risks due to yesterday's favorable data in the US. Hawkish expectations for the Fed, strong economic data put the dollar back on the northbound train. Markets priced in a 35% chance of a Fed interest rate cut this month. Trump takes office on Jan. 20 and his proposed tariffs and protectionist policies are seen as inflationary, requiring higher interest rates and a stronger U.S. dollar. If risk aversion intensifies amid renewed geopolitical tensions in the Middle East or Trump's tariff threats, that could send gold higher A symmetrical triangle is forming on D1, which confuses everyone - where will the price go? And all because the technical situation is neutral. Resistance levels: 2664, 2674 Support levels: 2645, 2632. False breakdown of resistance can provoke a fall to the strong support, the border of the triangle. Gold is growing reluctantly and slowly, as if something is in the way, and the risks and pressure are increasing. BUT! If the price goes to 2664, it is important to watch the price reaction to this level: consolidation above the level may provoke further growth to 2674. Similarly with the support of 2645 Regards R. Linda!
FX:XAUUSDShort
by RLinda
6
BNB → Big Accumulation. In Step With The DistributionBINANCE:BNBUSDT is trying to move into the realization phase after quite a long accumulation, thanks to which the coin can give a very good growth. The coin tested the strong support of 645 within the correction. False break of the support and quite aggressive buyout of the fall indicates buying potential. Bitcoin, which is testing the highs and ready to go even higher is a good driver for BNB Accordingly, the focus is on near-term levels. If the price can break the near-term resistance and consolidate above, the market will further go to break ATH and try to renew it. Resistance levels: 761, 793 Support levels: 691, 645 I don't exclude that the unexpected correction of bitcoin can provoke a correction in the cryptocurrency market, but in general the structure is bullish. High probability of resistance breakdown with the purpose of continuation of movement
by MarketAnalyzar
BTC → Consolidation Before The Breakout When Do We Go Up?BINANCE:BNBUSDT continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution). But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful Resistance levels: 101.8K, 104.1K Support levels: 98.9K, 94.15K Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
by MarketAnalyzar
GOLD → Price buyback, local bull characterFX:XAUUSD is in a narrow channel, in consolidation, which complicates intraday movement, but nevertheless traders have a chance for possible growth. There is a lot of important news ahead that may give traders a chance. Despite the strong intraday movement in gold, we can say that the price is standing still in the range of 2600 - 2660. Quite a difficult place for the price due to the huge density of volumes, levels, tails... Traders are refraining from new directional bets ahead of the release of crucial data on ISM Services PMI and JOLTS job openings in the US. After a strong fall the price was bought back and returned to resistance 2648 - 2650, most likely further struggle will be for this area. The falling dollar broke the support line, thus giving an advantage to gold. Gold and the dollar are already starting to feel Trump's power and are reacting to his statements as quickly as they did during the last period of his presidency.... Resistance levels: 2649, 2664, 2674 Support levels: 2632, 2610 Until the price leaves the channel 2600 - 2665, most of the movements will not be very clean (nature of price movement inside consolidation). At the moment the emphasis is on 2649. If the bulls will keep the defense above this zone, then in the short term the price may show growth to the local maximum Regards R. Linda!
FX:XAUUSDLong
by RLinda
14
XRP → Consolidation before the breakout and rally ↑BINANCE:XRPUSDT has been in consolidation for a little over a month after a strong rally and this is a good sign indicating that there is still strength in the market. And as we know, consolidation at some point turns into distribution The symmetrical triangle in our case has the character of a consolidation pattern, the purpose of which is the continuation of the trend. Buyers are aggressively defending the support zone, forming a cascade of levels. But more remarkable concerning the pattern is the consolidation 2.5 - 2.337, which is formed near the triangle resistance. Consequently, we can assume that the market is accumulating strength to break the resistance. Fundamentally, the project has very good prospects after a long and protracted winter. Trump's victory and the changes provoked by him have a favorable impact on Ripple. Resistance levels: 2.5, 2.73, 3.05 Support levels: 2.337, 2.2, 2.00 Accordingly, the realization phase will start after breaking the resistance of 2.5. Thus, we can assume that the exit from the accumulation will be upward, which can also be helped by a bullish and growing bitcoin. Regards R. Linda!
Long
by RLinda
2
BITCOIN → Consolidating before an important eventBINANCE:BTCUSD is consolidating between 99.5K and 91.8K as traders await action from politicians and Trump's inauguration as the main driver behind the rally. Fundamentally, things are still good. Trump promised a lot of positive actions towards bitcoin and the cryptocurrency market in general, but at the moment the main issue is the inclusion of bitcoin on the balance of the federal reserve. But everything depends more on the realization of the promises, if the community does not get what they were promised, a correction may be triggered. Technically bitcoin looks very strong. After a strong rally, there is no hint of a possible fall or deep correction, which means that someone is keeping the price in the specified range. Until important events, the price can still stand still, in the range between 100K and 90K. As for altcoins, they are getting a chance as bitcoin dominance continues to decline after the trendline break. A capital move could spark a rally in strong altcoins in the near term. Resistance levels: 99.5K, 102.5K, 103.5K Support levels: 95K, 91.7K Since the price is in neutral and trading between strong levels, I prioritize a false breakdown of resistance and correction inside the channel. Then further reaction may give hints. If there will be no fall and the price starts to consolidate in the resistance area, then we will have a chance to rise to 102-103K Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
22
GOLD → Pressure from the bears. Why are we falling?FX:XAUUSD does not react to strong support levels. The bulls, despite the positive background for them, could not keep the defense above the key structure. Weak structure on the D1 timeframe. A complex structure is forming on the D1 indicating that the uptrend support is under pressure. That is, if this area is broken, there could be momentum in the market through capitulation. Fundamentally, the market is not reacting to the escalated situation in the middle east and eastern Europe, accepting what is happening at the moment. China has promised increased financial support for the economy and this could attract new capital into the gold market. Markets are likely to trade cautiously as they prepare for a series of labor market data from the US later this week. Resistance levels: 2637, 2648, 2664 Support levels: 2615, 2606, 2600 Technically, the price is inside the local ascending channel, but in the selling zone. Due to bearish pressure, the price may head down and test the 2600 area. But where to go from here? The reaction to the 2600 area after the retest will tell us. Regards R. Linda!
FX:XAUUSDShort
by RLinda
12
USDJPY → Consolidation before continuing growthFX:USDJPY is consolidating after strong growth. A promising dollar and weak japanese central bank policy form a medium-term bullish potential in the currency pair The currency pair returns almost all of the strong fall associated with last year's course of rate cuts in the U.S., rate hikes in Japan and interventions that were actively conducted by the Central Bank of Japan. What was the outcome of all the actions? It was all in vain. The price turned around and almost approached 162.0. At the moment the emphasis is on consolidation, which has been forming for several weeks. We have clear boundaries, trend and strong levels to use in our trading. Resistance levels: 158.1 Support levels: 156.74, 155.88 The trigger for me is the resistance at 158.1. A breakout and price consolidation above this level will be a confirmation that we are ready to move further towards ATH. I do not exclude the fact that now the price may not be let in and the currency pair will form a correction to the consolidation support before further growth Regards R. Linda!
Long
by RLinda
2
GOLD → Retest of the level after its breakoutFX:XAUUSD inside the new flat is looking for strong support. The fundamental backdrop is complex and amid high risks, buyers are looking for a safe haven Fundamentally, the situation is complex, the weakening of gold is influenced only by the hawkish stance of the Fed and the growth of the dollar. But the pressure for further growth is exerted by many other factors: the escalation of the conflict in the Middle East and Eastern Europe. Trump's protectionist policies toward europe, asia. Geopolitical risks in the world. Technically, the price is testing a strong support area after breaking through resistance. Below is the key Fibo level of 0.5 - 0.7, which may play the role of the lower boundary from which the bulls will start an aggressive game. Support levels: 2637, 2630, 2616 Resistance levels: 2649, 2665 In general, I am more inclined for a medium-term decline, but the local situation is quite tense and complicated. If the bulls hold 2630 - 2640, the gold will continue to rise If the bulls lose, the price will form a deeper correction with the possibility of further prolongation of the fall. Regards R. Linda!
FX:XAUUSDLong
by RLinda
15
Bitcoin - Final Crash! Prepare to buy, new ATH soon.Bitcoin is ready for the final crash to around 85k! This is an excellent buying opportunity on the spot market, or you can use leverage on futures. I expect Bitcoin to hit 125k in 2025. 85k is a strong support because it's the start of the FVG (Fair Value GAP). It's the first major point and major support on this chart. Expect a strong rebound from this level. It's possible that Bitcoin will go a little bit lower to 83,842. This is also significant support because it's the 1:1 FIB extension from wave A to wave B. Bitcoin always reacts to this FIB extension; it's the most popular. After we complete the C wave, we are ready to start a new impulse wave and start a new bull market. Also, I expect an altseason to kick in; for example, Ethereum should overpower Bitcoin. The Bitcoin dominance (BTC.D) chart is on a strong resistance. I think the plan is clear; 2025 will be very successful! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
261
GOLD → Breaking the resistance level. Growing interestFX:XAUUSD enjoys interest despite the growing dollar. Geopolitical and economic crisis is the reason for seeking safe harbor. The price is breaking resistance and trying to renew local highs On the first trading day of the new 2025, gold rose along with DXY amid escalating geopolitical conflicts in the Middle East and eastern Europe and rising tensions around the upcoming policies of Trump and the Fed. Traders are awaiting US manufacturing PMI data from ISM and the Fed President's speech due later on Friday for more trade stimulus for the gold price. Support levels: 2649, 2639 Resistance levels: 2675, 2690 A false breakdown of key support areas is possible. If after the false breakdown the bulls hold the defense above 2639 - 2649, gold may strengthen to 2675 - 2690 in the short term. Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
EURUSD → The bears are stepping up the pressureFX:EURUSD continues to form a downtrend. The price updates the local minimum, reaching the target indicated last year :). What's next? Fundamentally, the situation is weak due to Trump's policy towards the euro zone. The strong dollar also increases the bearish pressure on the market. Technically, the priority figure is the downtrend and the previously broken consolidation boundary - 1.033. It is this zone that the price is currently aiming for as a zone of interest. Resistance levels: 1.033, 1.0448 Support levels: 1.022 Both technically and fundamentally the situation is weak, therefore, the emphasis on strong resistance levels from which the fall may resume. Regards R. Linda!
Short
by RLinda
1
Bitcoin - Ultimate profit target in 2025 (sell here!)Bitcoin is in a final stage of its bullish cycle! The major impulse Elliott Wave is almost finished. What you really want to focus on is this long term 2017 -> 2021 trendline. When bitcoin touches this trendline (make sure you setup an alert in tradingview), it's definitely time to sell and run away! It's not only the trendline that is a strong resistance; it's also the Fibonacci extension (1.618 FIB). While a trendline is a dynamic resistance, moving together with price, fibonacci is a static resistance with a fixed level. Our fibonacci level is exactly at 122,069 USDT. I know there will be moon boys predicting 200k or 300k in 2025, but this is pretty much impossible. The market cap of Bitcoin is already relatively high, as you can see in the picture below. After you sell your Bitcoin, wait for a significant correction (bear market). I expect this bear market to be in years 2025 - 2026. From the Elliott Wave perspective, wave (4) is always a strong support and liquidity point for whales. Bitcoin's wave (4) is at 49k. So we can find support at around 50k - 65k. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
208
GOLD → A chance for growth or a trap?FX:XAUUSD continues to give hope to the bulls, trading inside a local rising channel resembling a flag on the background of a local bearish trend. Further upside for the gold price may remain limited as the US dollar remains underpinned by the Fed's hawkishness. This begs the question: what will happen to rates? Hold or rise? It is worth understanding that the rise in inflation expectations against the backdrop of Trump's protectionist policy requires an increase in interest rates. In addition, statistically, the dollar enjoys interest towards the end of the year, and because of the Christmas holidays Technically, I am still skeptical about a possible strong growth, as the fundamental background is weak. Technically, the price may bounce from any nearby strong level. Resistance levels: 2633, 2650 Support levels: sma, 2606 We may not expect strong moves at the end of the year, the market is already celebrating the end of 2024. But the probability is there. Emphasis on the nearest strong levels from which the fall may resume Regards R. Linda! Happy Holidays to all and a productive new year 2025!
FX:XAUUSDShort
by RLinda
12
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen. Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75. If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer. Resistance levels: 157.76, 160 Support levels: 155.88, 154.5 Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart. Regards R. Linda! Happy Holidays and a productive 2025!
Long
by RLinda
2
GOLD → A reversal pattern for a further fallFX:XAUUSD is consolidating below the key point - 2620. Against the backdrop of a strong and growing dollar, gold has a chance to test local lows Gold price gains are likely to remain subdued as the US dollar continues to be supported by the hawkishness of the Federal Reserve at its December meeting. Trump's protectionist policies are fueling inflation expectations, setting the stage for higher interest rates. In addition, amid Christmas holidays and reduced trading volumes, market participants are inclined to maintain positions in the US currency. Thus, gold is still seen as an attractive instrument to sell in case of attempts of its recovery, except for cases of sudden geopolitical aggravations, for example, in the regions of the Middle East or Eastern Europe. Resistance levels: 2620 - 2622, 2633 Support levels: 2606, 2590 Emphasis on 2622. If the bears keep the price below this zone, it is worth looking at local support levels, as a breakdown of these levels will only strengthen the fall to 2600-2560. Regards R. Linda!
FX:XAUUSD
by RLinda
10
BITCOIN → High risk. Falling towards 70K or rising towards 100K?BINANCE:BTCUSD is forming a correction phase after Powell's speech last week. If the price goes beyond the accumulation boundaries, there will be a risk for a strong fall as the price is approaching the panic zone... Bitcoin is still in high demand, but private traders are going into a phase of profit taking after negative news, while institutional traders are taking advantage of the moment and buying the asset at a cheap price. But it doesn't mean anything. Fundamentally, Trump gives a big chance to the cryptocurrency market, but after winning the presidential election the excitement starts to fade and then the risk of revaluation increases. If the market does not get what it was promised, a deep correction may occur. Also, the Fed played a negative role last week: slowing down the rate cuts and negative tone about the strategic reserve and reluctance to have BTC on their balance sheet. Technically, despite the breakout of the ascending channel support, the price is still inside the 99K - 86K consolidation Resistance levels: 99300, 103600 Support levels: 91780, 86700, 82700 The price is approaching the support. If the market keeps the price in this zone, bitcoin will have a chance to recover to 100K. But, if the fight for 86-84K zone starts, then everything will depend on the general market background, a negative background can provoke a breakdown of strong support and the price will fall into the void zone... Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
24
Bitcoin - More blood will follow (Do not buy now, buy here!)Bitcoin is completely manipulated by the banks and huge institutions. They sent Bitcoin down just to make your Christmas and New Year celebrations bad. But luckily I warned you about this crash a few days ago, just before it happened in my previous analysis, when almost everyone was drunk with strong greed. Bitcoin crashed by 15% so far; altcoins are down by 30% to 70%. The last days were very profitable, but let's focus on the future, because that's the most important. Bitcoin bounced a bit from 92k to 99k, giving players hope that the bottom is in. But do not be fooled, this looks like a corrective move for multiple reasons. The first reason is that the crash was extremely fast and strong, pretty much no one expected such a drop in the short term. My Elliott Wave analysis suggests that this is a strong impulse wave 12345 and therefore the start of a larger corrective structure ABC. We have finished wave A, now we are in wave B, and we can expect wave C to finish at around 85k! You want to take a Fibonacci extension, as you can see on my chart. I strongly recommend waiting for 85k because we have an unfilled FVGAP on the daily chart, and this needs to be tested. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
223
GOLD → Correction before further declineFX:XAUUSD is testing the zones of interest within the counter-trend correction after it managed to break a rather strong level earlier. The fundamental background is not very good, there is bearish pressure on the market. The negative impact on gold is built around the hawkish stance of the Fed (inflation, Trump's future policy and the economic data of the last two weeks). The cycle of interest rate cuts may slow to 2 rate cuts for 2025. Friday's correction is mainly due to PCE data, but I don't think it will change the global picture. Towards the end of the year, it is logical to reduce liquidity in the markets, which could increase mispriced volatility in the market. Be careful! The gold market is still supported by the conflict in the Middle East and Eastern Europe. Technically, price is forming a flag after a strong decline. At the moment the price is inside the pattern and for trading it is worth paying attention to the boundaries of the local channel. Resistance levels: 2620, 2631, 2640 Support levels: 2606, 2560 Emphasis on 2620. If the bears break the level and keep the defense below the level, it can generally increase the pressure, which will provoke the price drop. But I do not rule out an attempt to break the channel resistance and retest 2640-2650 before a further fall. Regards R. Linda!
FX:XAUUSDShort
by RLinda
2