btcLook, it's not supposed to happen like this, but because we had a movement mindset, we shared it with each other
So don't take any positions on this chart
Where the arrow is, we need to see if the orange plan is going to be implemented or if it's going to be all purple and... okay
There's just a mindset
Bitcon
Bitcoin Breakout: Pullback and Bullish Continuation ExpectedBitcoin has recently broken above its previous trendline of highs, signaling a potential bullish momentum. The price is expected to pull back to retest the trendline as support, around the 92,000 level, before continuing its upward trajectory.
If the pullback holds above this support, it could act as a confirmation of the breakout, with a potential target set around the 200,000 level. This aligns with classical technical analysis principles, where a successful retest of a broken trendline often leads to significant upward movement.
Key Levels to Watch:
Trendline Support: ~92,000
Target Level: ~200,000
GOLD → Consolidation. Which way will the momentum go?
XAUUSD in consolidation phase. The market is nervous because of misunderstanding of further actions in anticipation of news. What to expect and what can happen?
The US labor market is stronger than expected, but the dollar remained cold amid expectations of more important news. At the moment, there is a 75% chance of a 0.25% interest rate cut. But, the dollar is still in demand due to the unstable geopolitical background. At the moment gold depends on the US employment data, ADP and Powell's speech
Bad employment data may increase the probability of further Fed rate cuts in 2025. And vice versa. But, this background is unlikely to create a medium-term potential for gold..... Also, in the perspective of NFP...
Technically, gold is in consolidation and the price exit from the flag boundaries may be accompanied by a strong impulse. The probability of a further fall is a little higher...
Resistance levels: 2651, 2660
Support levels: 2636, 2618
Gold continues to test the support 2636, which only increases the probability of a breakdown and further fall. But on the background of the news, the price may test the resistance before a further fall
etcusdt Ethereum bitcoin "🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Bitcoin Price Prediction: Why BTC Could Drop to $93K The long wick created on Thursday, December 5, stands out as a significant feature on the chart and is the primary target at the moment. This $6,000-long wick, visible on both the 1-hour and 4-hour time frames, represents a substantial market imbalance. Such wicks often act as a "magnet" for price action, drawing the price back to fill the imbalance over time.
On the 1-day time frame, the price formed a rare double wick within a single candle, with notable wicks extending in both directions. Historically, in similar cases, the price tends to fill one side of the wick first before shifting its focus to the other. Currently, the upper 50% of the wick has been filled, suggesting a potential downward move. The next target could see the price drop to fill 50% of the lower wick, potentially reaching $93,746.
By the end of this year, Bitcoin will grow only slightly more.Bitcoin is at the end of a two-year uptrend and the $110,000 range is the end of this trend.
The impact of Trump's election on Bitcoin's growth will be before he enters the White House.
After that, we will have a 3-4 month downtrend.
The current price of Bitcoin is around $100,600
I will post an analysis of the downtrend after reaching the $110K range.
@JalilRafieefard
December 07, 2024
Will ROSE Break the 0.85 Support or Continue Its Bullish Move?Hey there, ✌By analyzing the daily chart of BINANCE:ROSEUSDT , we see that the price has had a significant upward movement from the 0.060 level, which led to breaking the supply zone. As shown in the chart, after breaking the supply zone, the price entered a range after reaching 0.090 and has now returned to the breakout level, which has turned from resistance into support.
If the price stabilizes above 0.085, I expect it to move towards the target range of 0.10 (descending orderblock zone) and eventually reach the supply zone between 0.11500 and 0.11800. To understand the next movement, we need to observe how the price reacts at these levels.
💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion!
Happy trading!✌😎
Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌
If you want any further adjustments, just let me know!
BTC Secondary Trend. Gann trend fan 2024-2026. TriangleLogarithm. Time frame is 3 days.
Nothing new, everything is the same as previously shown in 2022 (the main trend), targets, logic and so on.
Major trend .
BTC/USD Secondary Trend Cycles and Halvin g 1 07 2022
In the present ideas, at the moment now clearly showed this triangle in the range of dynamic support/resistance of the Gann fan (that is, the development of the uptrend phase participation to distribution).
Vertical lines. The site does not display vertical dates if for a long period, Before publication the dates (time zones) are displayed on the chart, after publication they are not. These are the times of trend reversal zones.
Local trend and this reversal zone.
BTC/USD Triangle. Medium term and local work 07 06 2024
Is there any hope for investors in BNB?
In the higher time frames (daily, weekly and monthly), if we look closely, the price is suffering in a range that is constantly getting narrower. Of course, in recent weeks (due to the strong upward wave that has existed in the entire market), the tendency of these sufferings has been upward and in general, it can be said that the buyer has acted stronger than the seller.
If we look closely at the 4-hour timeframe, the price range is clearly defined in the past 24 days. Of course, it is slightly inclined upwards.
In general, in terms of probabilities, a strong breakout to the upside (the price can stabilize above $680) can increase the likelihood of a significant growth.
But the significant point that cannot be ignored is why, in a market where all high-potential cryptocurrencies are growing and have broken new resistances, this cryptocurrency has not been able to reject its main resistance so far?? The growth of this cryptocurrency so far (in the upward trend) is not really interesting compared to its good competitors. We can say that this cryptocurrency has been the loser in the upward competition between high-potential currencies so far. This worries me about the future of this symbol.
Conclusion
If I were to make a complete and actionable conclusion, I think that if the price breaks and stabilizes above the drawn area, we can expect a minimum growth of this symbol to the $900-$1000 area. However, based on the fundamental studies I have done and the analysis that exists in the crypto community regarding the foundation and future of this symbol, I do not think it is an ideal symbol for long-term holding and I think there are much better options to choose from.
SasanSeifi| Can It Hit $2.50!? Hey there,By analyzing the daily chart of BINANCE:THETAUSDT , we can see that the price has made a significant move up from its low towards the supply zone. Currently, the price is reacting to the supply zone and we are witnessing a pullback. Based on the overall market conditions, my view remains bullish.
My Expectation:If the price holds the support level at $1.50, it could potentially rise to targets of $2.00, $2.20, and the supply zone around $2.50. If the price continues to rise, we need to observe its reactions to better understand the continuation of the trend. The key support level is $1.50.
💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion!
Happy trading!✌😎
Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌
If you want any further adjustments, just let me know!
JITO - JTO ALTCOIN POSSIBLE SWING LONG ZONEI believe we came possible swing long zone for JTO. It is one of my favorite Solana crypto coin. I added some spot and futures positions from here.
We may see all the way up till to ATH of the coin. But i will be looking first to take profits from the purple line.
Whatever i share is not a financial advice and do not risk more than you cannot afford.
BTCUSD Selling opportunity 97000.00 Swim Trade entry
BTCUSD SELL 96990.00
TAKE PROFIT 1 : 95812.00
TAKE PROFIT 1 : 92800.00
STOP LOSS 99260.00
Explanation of 3% risk : With a 1000$ capital account your maximum loss for each target is 30$. ( 1000/100*3 ) Adjust your lost size according to your capital and trade stop loss pips count
🔺Maximum Risk 3% of your capital
🔺From 1:1RR Book 80% of your profits
🔻Once 1:1RR, stop change to BE or safe area
NOTE : THIS IS MY PERSONAL TRADING ENTYR AND PLAN. USE AT YOUR OWN RISK
BITO's Elliot Waves on 1DTwo resistance nodes were found on $28.44 and $33.67 on the daily TF.
Based on the MCB indicator, there is no sign of bearish divergence on both lower and higher TF.
Daily RSI is at the overbought area, and two nodes on the VWAP show two possible prices at (0.618/0.768).
Hoping for a healthy pull-back to $21.5 to pick up more shares.
No plan to shrink my holding until the $40+ area.
I think it will take us at least 6 months to reach the $40 area, and on MCB, I will expect to see both MF/VWAP trending out with a ton of bearish divergences.
Is Ethereum lagging behind the market and competitors?Btc is thr king and Eth is ghe queen of the cryptocurrency .
Now. Question is here, Does Ethereum want to remain queen?
I have been checking the status of 4 rival coins since September 1st.
Bitcoin
Ethereum
Cardano
Solana
====≈===================
The following section shows a comparison of prices from September 1st to now and their growth percentage.
Btc 52500 >> 99600 ≈90%🥉
Eth 2140>> 3425 ≈ 60% 🧸
Ada 0.3 >>> 1.15 ≈ 283% 🥇
Sol 120>>> 255 ≈ 112% 🥈
As we can see, Ethereum growth has been very, very low.
I think if Ethereum fails to make significant growth in this uptrend, competitors will take Ethereum's place and the crown will be taken from Ethereum's head.
What is your judgment and analyzing?
Please share your comments with me 🙏
Bitcoin (btc)Btc usdt Daily analysis
Time frame 4 hours
Bitcoin broke out of the triangle it had formed.
( yellow triangle shape)
Then it moved on to the new target, which was $ 100,000.
But btc couldn't pass 100$ Price thet is a mentally resistant.
Then come down to triangle and strong support lines in 92000$ area
Now I guess btc will move up to 100.000 $ again and maybe break it or not and move up and down in this box to start alt party
SasanSeifi|Bitcoin Hits $99,500 ATH: Will It Cross $100K Next?Hey there, ✌ As shown in the BINANCE:BTCUSDT 2-day chart, the price broke its previous all-time high (ATH) of $73,000, leading to an impressive rally that reached a new ATH at $99,500. This strong upward movement sparked optimism for further growth. However, after hitting this level, Bitcoin faced resistance and is currently trading around $92,400.
Currently, a minor range is visible near the $90,000 price zone in the 2-day timeframe. If Bitcoin manages to hold this level and consolidate, it may enter a range phase. Following this phase, Bitcoin is expected to resume its upward trend, targeting $100,000 and $107,000.
On the other hand, if Bitcoin fails to maintain the $90,000 support and faces selling pressure, a correction may occur. In such a scenario, a confirmed breakdown below $90,000 could lead to further declines toward the $83,000 and $79,000 support levels.
The $90,000 level is critical for assessing Bitcoin’s next move. A consolidation here could pave the way for more growth. Additionally, if Bitcoin ranges at this level, altcoins might also benefit from bullish momentum.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
BTC/USDT - Rising Wedge Breakout - H4 ChartThe BTC/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Rising Wedge Pattern. This suggests a shift in momentum towards the downside in the coming Days. BINANCE:BTCUSD
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 93,400
Target Levels:
1st Support – 84,600
2nd Support - 78,210
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.