Get started

Crypto market

BTC&ETH 8 Nov Options Data49,000 BTC options expired with a Put Call Ratio of 0.72, a Maxpain point of $69,000 and a notional value of $3.7 billion. 295,000 ETH options expired with a Put Call Ratio of 0.65, a Maxpain point of $2,500 and a notional value of $860 million. With Trump's victory, Bitcoin has risen sharply this week, breaking through $75,000 to hit a new all-time high, followed by Ether, which also picked up a big jump to get back to $2,900, the Maxpain point this week because too many positions accumulated in the early stages did not change, and options expiring today accounted for 15 per cent of the total position. The end of the U.S. election led to a sharp decline in short-term options IV, and mainstream term options parity IV also declined to varying degrees, and now the market atmosphere is optimistic, and the trend in the fourth quarter is likely to continue to be strong.
BITSTAMP:ETHUSDLong
by Greeks_live
Bitcoin is both a bullish flag and a cup-and-handleBitcoin is currently displaying both a bullish flag pattern and a cup-and-handle pattern, signaling a strong confirmation of a bullish trend. These patterns, especially when seen together, often indicate solid upward momentum and are widely recognized as bullish reversal signals. With Bitcoin entering its 4-year cycle phase, traditionally marked by significant price growth, the technical indicators align favorably for potential long-term gains. Additionally, recent news and market developments are reinforcing the positive outlook, supporting the upward trend. This combination of technical signals and external factors could attract more investors, sparking renewed confidence in Bitcoin’s next major rally. As anticipation builds, these signals may well mark the beginning of a substantial growth phase, capturing attention from both seasoned investors and new entrants looking to capitalize on this momentum.
BITSTAMP:BTCUSDLong
by nutboy02
Bitcoin ATH: Potential Retracement Zones and Key LevelsBitcoin current price now is 76k surpassed ATH at 14 March 2024, after surge more than 13% we may see increased speculation and bullish momentum driving the price higher. However, if Bitcoin struggles to maintain upward momentum near this level, we may witness a retracement before the next significant move. Retracements are a common and healthy part of price movement, providing the opportunity for consolidation before the next leg up. On the chart, we observe several retracement levels marked by Fibonacci retracement levels, as well as Fair Value Gaps (FVGs) that may act as areas of support if Bitcoin's rally takes a breather. 1. The first potential support level sits at the 0.5-0.62 retracement level. This zone represents a modest pullback and would allow Bitcoin to establish a higher base without losing its bullish structure. This level falls within an FVG, which might reinforce the zone as a strong support if Bitcoin pulls back to this area. 2. A deeper retracement could see Bitcoin testing the 0.705-0.79 retracement level. This level could attract more significant buying interest, as it represents a meaningful correction or extreme discount zone that provides an attractive entry point for new buyers. 3. Green zone (OB) signaling areas of potential liquidity where buyers might enter aggressively to capture value. Trendline Support and Horizontal Levels Trendlines provide insight into Bitcoin's directional bias. A rising trendline, indicated in yellow on the chart, has been guiding the recent rally and could serve as dynamic support in case of a downturn. If Bitcoin respects this trendline, it would suggest a continuation of the uptrend, with the trendline acting as a safety net for any dips in price. This would allow BTC to pull back and consolidate while maintaining its upward momentum. Another significant level is marked as "rH" around $73,787, a former resistance level that could now act as support. If Bitcoin retraces to this level and finds support, it could reinforce bullish sentiment and potentially lead to another rally attempt. Volume Analysis We also see moderate trading volumes, indicating sustained but cautious buying activity. An increase in volume at higher prices would strengthen the case for a continued rally, as it would demonstrate robust market interest. Conversely, if the volume decreases during a pullback, it may indicate that sellers lack conviction, suggesting that the retracement could be brief and limited to consolidation.
by Perseusx01
Analyzing the MKR/USDT 1-Hour Chart Analyzing the MKR/USDT 1-Hour Chart By Khizar Hayat 1. Trend Observation Recent Trend: MKR saw a strong upward movement around November 6-7, followed by consolidation and a sharp rise on November 8. Current Trend: After this rally, the price is stabilizing around $1,470, with a minor pullback signaling potential consolidation. 2. Support & Resistance Levels Support: Around $1,450, which has acted as a base after the downtrend. Resistance: At approximately $1,475, a level where the price hit a peak before a slight pullback. 3. Volume Analysis Volume Spikes: Increased buying activity is seen on November 8, indicating high demand. Volume Drop: As price consolidates, volume is also decreasing, which suggests a pause before the next move. 4. Candlestick Patterns The small-bodied candles with wicks at the peak may indicate indecision or potential topping. The current red candlestick hints at a pause or minor pullback. 5. RSI Analysis If visible, an RSI above 70 might indicate overbought conditions, suggesting potential for a correction. 6. Short-Term Outlook Bullish Scenario: Holding above $1,450 with renewed volume could push MKR past $1,475. Bearish Scenario: A break below $1,450 could lead to a reversal towards $1,420. 7. Risk Management Stop-loss: Place it below $1,450 to minimize potential losses. Take-profit: Set around $1,475, or higher if momentum continues. This pattern following a sharp move suggests either a continuation or a minor correction. Keep an eye on volume and key levels to gauge the next direction.
by khizar2261297
ARTY/USDT STRONG BULLISH BIAS|LONG| Hello, Friends! Bitcoin made a new ATH with a strong bullish breakout so it is expected to keep growing mid-term, which means that it is the right time to buy altcoins again, to make good use of the coming Altcoin rally. ARTY is a promissing coin that has already made a strong bullish rebound from the horizontal support level below at 0.356 and has already gained more than 35% from the lows which reinforces our bullish bias. But ARTY has an even greater potential for growth in the near future with the next key structure being 0.808 level above which would give you a more than 50% gain on your capital if you bought the coin right now. The coin has strong fundamentals on its side as well, as the founders have confirmed it's future presence in Epic Games, XBOX and PlayStation stores , which will certainly boost the demand for this coin. All in all I think ARTY is a great long trade for both short-term Altcoin rally and a more long-term investment oriented purchases too! ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
Trading Signal Alert: THETATRYDirection: Buy Enter Price: 37.6 Take Profit: 38.83 Stop Loss: 35.8 Attention traders! We have identified a promising opportunity in the THETATRY currency pair. Based on our assessment using the EASY Quantum Ai strategy, we are suggesting a Buy direction for this pair. Here are the supporting factors for this forecast: 1. Technical Analysis: Current market indicators are showing a solid upward trend, with consistent higher lows and higher highs. The recent breakout above a key resistance level supports the likelihood of an upward momentum continuation. 2. Market Dynamics: There's been a notable increase in trading volume over the past few sessions, suggesting growing interest and potential bullish investor sentiment towards the pair. 3. Economic Indicators: Turkey's recent economic reports indicate vulnerability in the TRY, while THETA is gaining traction with positive developments in the underlying tech ecosystem. With these signals, an entry point at 37.6, targeting a profit at 38.83, and safeguarding with a stop loss at 35.8, this could be a strategic trade setup. Stay vigilant and trade responsibly.
Long
by ForexRobotEasy
Trade Signal for DYMUSDT: Buy OpportunityAttention traders! We have identified a promising buy opportunity for the DYMUSDT trading pair based on our analysis using the EASY Quantum Ai strategy. Direction: Buy Enter Price: 1.33 Take Profit: 1.36766667 Stop Loss: 1.27466667 Our forecast is based on the following key factors: 1. Technical Indicators Alignment: Recent analysis shows that key technical indicators, such as moving averages and RSI, are indicating a bullish momentum for the DYMUSDT pair. 2. Market Sentiment: The current market sentiment for the cryptocurrency market and recent news suggest positive sentiment, aligning with our expected upward movement. 3. Volume Analysis: Increased trading volume in DYMUSDT has been observed, which typically precedes a continued movement in the direction of the stronger trend. Remember that while the EASY Quantum Ai strategy provides data-driven insights, all trading involves risk. Please ensure proper risk management practices when executing this trade. Happy trading, and let's aim for success!
Long
by ForexRobotEasy
Trade Signal Alert: BALUSDT OpportunityAttention traders! A promising opportunity has emerged in the BALUSDT currency pair. Based on our analysis using the EASY Quantum Ai strategy , we recommend the following action: Direction: Buy Enter Price: 1.732 Take Profit: 1.76433333 Stop Loss: 1.69433333 Our decision to suggest a Buy position is driven by a combination of market indicators and historical data trends. Recently, BALUSDT has shown a consistent upward momentum supported by bullish signals in technical indicators such as moving averages and RSI. Additionally, the broader market sentiment appears favorable, as evidenced by increased investor interest and trading volumes. The specified Enter Price of 1.732 offers a strategic entry point, aligning with recent support levels, while the Take Profit target of 1.76433333 is positioned near a resistance level where profits can be maximized. The Stop Loss at 1.69433333 ensures risk is managed appropriately, protecting against unexpected market downturns. As always, ensure to conduct your own analysis and adjust your strategy based on market developments. Happy trading!
Long
by ForexRobotEasy
Trade Signal for BATUSDT: Buy OpportunityAttention Traders, We have identified a promising trading opportunity for the BATUSDT currency pair. Our proprietary strategy, EASY Quantum Ai, indicates a strong potential for upward movement. Below are the details of the trade signal: Direction: Buy Enter Price: 0.1568 Take Profit: 0.16096667 Stop Loss: 0.15096667 Rationale: The forecast for this BUY signal is driven by multiple supporting factors: 1. Technical Analysis: Recent price patterns suggest a bullish divergence, indicating strengthening buyer momentum at the critical support level, aligning with our entry point. 2. Market Sentiment: Positive sentiment in the broader cryptocurrency market and fundamental factors such as increased trading volumes hint at potential price appreciation. 3. EASY Quantum Ai Strategy: Our advanced algorithm has identified a pattern of increased buying pressure combined with historical data, pointing to a likelihood of price reaching the suggested take profit level. Please ensure your risk management practices are in place before entering this trade. We recommend closely monitoring the market and adjusting strategies as new information becomes available. Happy Trading!
Long
by ForexRobotEasy
Trade Signal for MDT/USDT: Buy RecommendationDirection: Buy Enter Price: 0.03997 Take Profit: 0.04076667 Stop Loss: 0.03873667 Analysis and Justification: Our recommendation to enter a Buy position for the MDT/USDT trading pair is based on the comprehensive assessment provided by our strategy, EASY Quantum Ai. Here are the factors that contributed to our decision: 1. Technical Indicators: Our analysis identified a bullish trend in MDT/USDT, with key technical indicators such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) showing upwards momentum. This suggests a strong likelihood of continued upward movement. 2. Market Sentiment: Current market sentiment is favorable for MDT, supported by positive developments surrounding the project and increased trading volumes. This sentiment tends to drive the price higher. 3. Support and Resistance Levels: The entry price is strategically placed above a strong support level, which provides a cushion against downward volatility. The Take Profit target aligns with a significant resistance level, optimizing profit potential while the Stop Loss is set conservatively to manage risk. By leveraging the EASY Quantum Ai strategy, this signal aims to capitalize on anticipated market movements with a calculated approach to risk and reward. Always ensure to do your own due diligence and be mindful of market volatility.
Long
by ForexRobotEasy
Market Analysis: A Breakout to New Highs, but Will It Hold?After a prolonged over 250-day range, BTC has broken out to a new all-time high (ATH) above the $75K zone, fueled by renewed interest following recent election sentiment and influential media coverage. This breakout marks a key technical development, but the question remains: Can it sustain? Key Observations and Price Action Insights New High Zone ($75K): The breakout above $75K looks technically healthy, with price action showing strength and bullish sentiment. To build confidence in a continued uptrend, BTC would ideally hold above this zone consolidating through few days, allowing for a strong base before seeking higher levels. Potential Retracement Levels: Mid-Range Support ($63K): If the current level fails to hold, BTC could revisit the mid-range support around $63K, a key level for possible consolidation and renewed buying interest. Lower Range Support ( GETTEX:52K ): In the unlikely event of a more substantial correction, BTC could target the lower boundary near $52K. However, strong interest from high-profile figures and positive sentiment may help mitigate any significant pullbacks. Strategy Considerations: Traders should proceed with caution while tracking these key levels. Although sentiment and momentum remain robust, monitoring BTC’s behavior at these crucial zones will be essential for managing potential risks. The coming days could set the tone for a continuation or indicate a reversion to established levels.
by hazaq
ATHs Reached, What Now?It's been some time as we were simply waiting on this major market movement to occur and reach all time highs. So the question is, what comes next? My speculative hypothesis is: We get a deep market retracement. Eventually. My actual plan is this: We have broken out of a major range that we were in for ~6 months. Now we monitor price and wait for the next structure to build. This structure can be another range, such as the small range example on chart. Or it can be a reasonably sharp reversal at some point. But the key is that the anxiety can be removed from trying to constantly catch a top (if you are also somewhat bearish), by reassuring yourself that the market will show itself bearish when the time comes. That's why we have a hypothesis but will still wait for the next structure to form. And that is exactly what I will be doing from now, beginning to scale some profit on spot holdings as I see fit and monitoring larger timeframes to watch for the next structure.
by Obscure_Trading
Bullish Gartley + Bullish Pennant Break Combo - XLMHere I have COINBASE:XLMUSD on the Weekly Chart! After the 2.5 Year long Bullish Gartley Harmonic Pattern had finished forming this July 2024, we see Price has been working into a tight Consolidation Pattern called the Pennant! This Harmonic Pattern has been quite the Rollercoaster for longtime COINBASE:XLMUSD investors but with the Bullish Rally brought on this week, we see Price Breaking Above the Falling Resistance of this Pennant Pattern to the .10 area! -If Price can find Support upon retesting the Break of Falling Resistance and stay above, we could see COINBASE:XLMUSD bask in .10 range and Push Higher!! -RSI is now pushing Above 50 after the period of Consolidation stuck just underneath, indicating Bullish Interest is building **If Price is unable to sustain these Higher Prices, this current Bullish Break could become False and we could see Price play back down into the Pennant Pattern! With the Trump/Vance Campaign, we heard a lot of plans and potential being put towards the Cryptocurrency Market and with the win of the Presidency, we could start to see more Interest in this financial area. Further updates will be on Daily Chart!
BITFINEX:XLMUSDLong
by Novi_Fibonacci