BTC Breakout: Cup Pattern Imminent?BTC is testing strong resistance and struggling to recover from yesterday’s losses. It seems a cup-and-handle pattern may be forming, signaling potential bearish momentum. Be cautious!
If the support breaks with high volume, BTC could drop to:
• Target 1: $96,111
• Target 2: $94,155
Are the bears ready to break through?
If you liked this idea or have your own thoughts, share them in the comments!
Disclaimer: This is not financial advice. Always trade responsibly.
Best regards,
GC
BTC-D
BOBA/USDT = THE NEXT SOLANA (CYCLE ACCTIVATED) $25This is a follow-up update for BOBA/USDT with next targets.
Hybrid Compute tech could become a game-changer, as some top developers recognize its potential impact.
Expected Targets for 2024/2025:
$0.21 to $0.45
$0.45 to $1.23
$1.23 to $5.40
Outlook for 2025:
The technological advancements and ecosystem data indicate that 2025 could be a pivotal year for BOBA/USDT, potentially pushing the coin to $10 in 2025 , with a significant chance of reaching $25 by 2025/2026.
There is an activation of market cycles, suggesting that new whale accumulation could begin at any moment. BOBA has the potential to become the next Solana, which also started below $1.
For perspective: Solana rose from $0.51 to $200, showcasing how underpriced tokens with solid fundamentals can skyrocket.
For short-term insights, see this update:
Why Boba Stands Out:
Hybrid Compute Technology: BOBA enables smart contracts to seamlessly access real-world data and off-chain APIs, expanding the potential of decentralized applications.
Layer-2 Scaling: It lowers Ethereum transaction fees and boosts transaction speeds, offering both scalability and innovation that many competitors lack.
Ecosystem Growth:
Boba Network’s Liftoff Accelerator Program, in partnership with Brinc, is fostering innovation in Web3 by supporting startups in DeFi, gaming, AI, and real-world asset applications. This initiative provides grants, technical assistance, and mentorship, further solidifying Boba's unique position in the blockchain space.This is a follow-up update for BOBA/USDT with next targets.
Hybrid Compute tech could become a game-changer, as some top developers recognize its potential impact.
Outlook for 2025:
The technological advancements and ecosystem data indicate that 2025 could be a pivotal year for BOBA/USDT, potentially pushing the coin to $10 in 2025 , with a significant chance of reaching $25 by 2025/2026.
There is an activation of market cycles, suggesting that new whale accumulation could begin at any moment. BOBA has the potential to become the next Solana, which also started below $1.
For perspective: Solana rose from $0.51 to $200, showcasing how underpriced tokens with solid fundamentals can skyrocket.
Why Boba Stands Out:
Hybrid Compute Technology: BOBA enables smart contracts to seamlessly access real-world data and off-chain APIs, expanding the potential of decentralized applications.
Layer-2 Scaling: It lowers Ethereum transaction fees and boosts transaction speeds, offering both scalability and innovation that many competitors lack.
Ecosystem Growth:
Boba Network’s Liftoff Accelerator Program, in partnership with Brinc, is fostering innovation in Web3 by supporting startups in DeFi, gaming, AI, and real-world asset applications. This initiative provides grants, technical assistance, and mentorship, further solidifying Boba's unique position in the blockchain space.
Bitcoin BTC price movement forecast by the end of 2024 !📉 On December 5, 2024, set an absolute record for liquidations on the crypto market - $1.1 billion ($820 million longs + $280 million shorts), breaking the record of August 05, 2024, when it was $950 million.
CRYPTOCAP:BTC price dropped to $89-90 thousand, depending on the exchange.
Such a “helicopter” as on the OKX:BTCUSDT chart is launched when all indicators are “overheated” and the market needs to rest, but maintain the trend, i.e. the crypto market's up-trend.
Fear and Greed Index - 71 (greed remains on the market)
Given the fact that altcoins have barely reacted to the fall, we can assume that there will be another wave down.
How do you feel about the option of #Bitcoin price movement $100k 👉 $84-85k 👉 $110k and this is all by the end of 2024 ?)
P.S:
also remember that on 18/12/24 the FOMC meeting is to be held, where the FED rate is expected to be cut by at least -0.25%.
_____________________
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BTCUSD AUTOBOT 15minThis is a description of the 15min BTC AutoBot strategy written in Pine Script, which is designed for automatic trading on the Bitcoin (BTC) market. It uses Exponential Moving Averages (EMAs) and allows the bot to make trades based on specific conditions without requiring manual intervention. The bot can only be used with a webhook, ensuring automated execution. Below is an explanation of each part of the script:
Overview:
Timeframe: The strategy works on the 15-minute chart for Bitcoin.
Trade Type: It uses two EMAs (25 and 200) to decide when to buy (Long) or sell (Short).
Risk Management: Take Profit and Stop Loss are configurable as percentages, helping automate risk management.
User Inputs:
shortEmaLength: The length of the shorter EMA (default = 25).
longEmaLength: The length of the longer EMA (default = 200).
takeProfitPct: Percentage for take profit (default = 1%).
stopLossPct: Percentage for stop loss (default = 0.5%).
These inputs allow users to configure the strategy according to their preferences.
EMA Calculations:
shortEma: The 25-period EMA is calculated on the close price of the asset.
longEma: The 200-period EMA is also calculated based on the close price.
Conditions for Trade Signals:
Long (Buy) Condition: When the 25 EMA crosses above the 200 EMA, a "buy" signal is generated (crossover).
Short (Sell) Condition: When the 25 EMA crosses below the 200 EMA, a "sell" signal is generated (crossunder).
Entry and Exit Conditions:
Long Entry: When the buy signal occurs (crossover), the bot enters a long position at the current market price.
Take Profit: The take profit price is calculated as the entry price plus the configured percentage.
Stop Loss: The stop loss price is calculated as the entry price minus the configured percentage.
The bot automatically exits the position when the take profit or stop loss levels are reached.
Short Entry: When the sell signal occurs (crossunder), the bot enters a short position at the current market price.
Take Profit: The take profit price is calculated as the entry price minus the configured percentage.
Stop Loss: The stop loss price is calculated as the entry price plus the configured percentage.
The bot automatically exits the position when the take profit or stop loss levels are reached.
Key Features:
Automated Execution: The bot can only be used with a webhook, meaning all trades are executed automatically based on the defined conditions.
No Manual Trading: This strategy is designed for automation, with no need for manual intervention.
Risk Management: Configurable take profit and stop loss settings help manage risk effectively.
How It Works:
Once configured, the bot will continuously monitor the price and the two EMAs on the 15-minute chart.
Whenever the crossover or crossunder conditions are met, the bot will automatically place a buy or sell order, respectively.
The bot will then monitor the price and exit the position when the take profit or stop loss levels are reached.
This setup ensures that trades are executed in a fully automated manner, making it ideal for users who prefer to have a bot manage their trades according to set conditions.
BTC on 6h chart Hello, my dear friends!🫶 I’m so happy to see You here again! I’m especially grateful for Your feedback—some of You mentioned, that were waiting for me and missed me.🥲 Your words truly touched my heart—thank You so much!😊 I’m thrilled to be drawing charts for You once again; every post I share here holds a piece of my soul. Thanks for Your support—it means the world to me!💋
🔴 We’re currently sitting between a major resistance level (a trendline dating all the way back to 2017) and strong support at 72,000.🔴
The price is at a fascinating crossroads: if the 96–94–93 levels hold and the price consolidates there, we could see a climb toward the significant resistance zone (marked by the pink 🟣 dot) at 107–108k. From there, it’ll be crucial to watch closely—if the price breaks through those levels with ease, a rally could be in the cards.🚀
However, if the 96–94–93–92 levels fail to hold, we’re likely in for a deeper correction. In that case, we could see the price drop to the support zones at 86k, or possibly even lower, to 77k–73k.📉
Thank You for being part of this amazing community—it’s a privilege to share ideas and grow alongside You all. No matter what the charts look like, stay focused, stay patient, and keep believing in your abilities. Success belongs to those who persevere.
Always sincerely yours, Kateryna 💙💛
Possibility of sideways until the next volatility period
(Title) The key is whether sideways can occur until the next volatility period
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(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
(USDT.D 1D chart)
The point to watch for USDT and USDC is whether they can maintain their upward trend.
BTC dominance failed to fall below 55.01 and is showing signs of touching the MS-Signal indicator.
The key is whether it can meet resistance near the MS-Signal indicator and fall.
The key is whether USDT dominance can meet resistance near the 3.92-4.31 range and fall.
I think that for the altcoin bull market to start, BTC dominance needs to fall below 55.01 and remain there or continue to fall.
For the coin market itself to maintain an upward trend, I think that USDT dominance needs to remain below 4.97 or continue to fall.
Therefore, we need to check whether the content I mentioned above is maintained or whether it satisfies the content for BTC.
----------------------------------------
(BTCUSDT 1D chart)
As I mentioned yesterday, there has been a movement in BTC dominance and USDT dominance.
However, I think that for the trend to change, it depends on how BTC moves around 95904.28-98892.0.
That is, if the price is maintained around 95904.28-98892.0 until around December 27, I think it is highly likely that the StochRSI indicator will be reset and the upward trend will continue.
Otherwise, if it falls below the M-Signal indicator on the 1D chart, that is, below the MS-Signal indicator, and shows resistance, it is likely to touch the M-Signal indicator on the 1W chart.
This movement can be seen as a pull back due to profit taking to relieve fatigue from the upward trend that has continued so far.
I think this can be seen as profit taking for the upward trend that started in 2023.
-
Due to this decline, the BW(100) indicator is showing signs of being created at the 101109.59 point and the HA-High indicator at the 97821.58 point.
Accordingly, we can see that the high point section has risen.
Therefore, if the HA-High indicator is generated at the 97821.58 point, the key is whether it can be supported and rise around this area.
In any case, what we need to look at importantly is whether it can be supported and rise around the M-Signal and MS-Signal indicators on the 1D chart.
The key is whether it can be maintained until the next volatility period, around December 27th.
To do so, I think funds should flow out of altcoins and the price of BTC should be defended.
I think it is currently showing that pattern, but I will have to wait and see a little longer.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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BTC Short-term Pullback or 20% Market Correction?We see BTC buyers exhaust themselves, as RSI momentum lose traction. The question now is whether, this is a short term pullback before retracing to near 100k or is this a significant correction to 80k territory before lifting off again?
My view is short term bearish, longer term to be decided later.
BITCOIN UPDATE. the lower channel boundary and 100-MA support hold, Bitcoin could resume its uptrend towards the $104,000-$106,000 range. However, a breakdown below $96,500 on the broader chart could test support near $92650 or even the 200-MA.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
BTC/USD LONG SET UP BITCOINTitle: BTC/USD BUY (BITCOIN)
Asset: Crypto
Symbol: BTC/USD
Order Type: Buy Limit
Time Frame: 1D
Platform: Coinbase or MT4
Entry Price 1: $95,500
Entry Price 2: $90,500
Stop Loss: $85,500
Take Profit 1: $100,500
Take Profit 2: $105,500
Take Profit 3: $115,500
Status: ACTIVE
$COIN Coinbase fakeout and pump?Can't even explain why but I feel like something similar might happen. Looks a bit dumpy tho.
I wouldn't enter short. Just wait for this fakeout, might be local bottom. and Pump that would take CRYPTOCAP:BTC back up and further push down CRYPTOCAP:USDT.D
Might not even reach the entry price for long. ~295$
BTC correction possible to 85k?This might playout, I had this after those huge wicks but hardly doubted this could playout, but now it seems more possible than before.
The orange bars is projection from previous pump when we got new ATH at 70k. Will BTC gonna get few months of slow bleed again?
USDT.D been falling for 90days with no real retests, this might be it.
Also fully completed previous projection of a Dump.
USDT.D retest 5.5%?USDT.D been falling for 90days with no real retests, this might be it.
Also fully completed previous projection of a Dump.
Fibb Golden zone around 5.5%
Also BTC looks like it's in Diamond Top pattern. If that plays out we might see CRYPTOCAP:BTC at $85k.
But this is Bullrun so probably some Elon musk post will randomly revive market out of nowhere and the dump will stop mid way.
Keep eyes on twitter.
BTCUSD: Upper Bollinger broke. Insane rally starting.Bitcoin is almost neutral on its 1D technical outlook (RSI = 55.590, MACD = 41.64.200, ADX = 13.674) due to today's correction but on the 1W timeframe, its RSI remains borderline overbought (RSI = 71.357). This heavily favors buying as Bull Cycles thrive on overbought valuations. On top of that the price crossed over the upper Fibonacci trendline and in all past Cycles once this happened, it became the support of the most aggressive rally of the Cycle. Stay bullish but be ready to start selling after September, at the top of the Time Cycle.
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Bitcoin in short - term Hello, dear friends! It’s Kateryna here with You again! I'm so happy to reconnect with You all! It’s amazing to see the market coming back to life after years of stagnation.🙌🏻 I hope You're doing well and riding the waves of price action like pros, haha!😁
I’m also trying to keep up, despite a tough autumn and winter in my country.😞 Honestly, trading without this platform and the incredible community here feels dull and uninspiring. I truly miss the energy of the last bull run when I found so many like-minded people and made friends I’m still in touch with today!🫶
Let’s keep sharing ideas and supporting each other—it’s such a fantastic feeling to be part of this community!🚀
Now, about Bitcoin’s short-term price action: I see a potential price drop to the support levels of 96,500–95,500. It’ll be crucial to closely watch how the price develops in the following days. At the same time, we shouldn’t rule out the scenario where Bitcoin breaks through the short-term descending resistance line, giving it a chance to climb higher within the channel.
On the chart, You’ll notice what I mean if You look at the comparison of previous price movements (marked with pink and blue dots).
What do You think, dear friends?🧐 What’s Your outlook for Bitcoin in the near future? I’d love to hear Your thoughts—share Your comments or post Your charts!🙏
Yours always,
Kateryna💙💛
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.
"BTC Drawdowns: My Target Was Picture Perfect!"Hello, everyone! 👋
Today marks the second day of significant crypto price drawdowns. 📉 I hope you managed to secure some profits earlier 💰 and are now enjoying this pullback while patiently waiting for better prices to consider long entries. 🚀
On November 21, I published an idea about BTC potentially topping out before a retracement. On December 5, BTC touched my target 🎯, and it now seems to be starting to roll over. Of course, nothing is certain in trading, but for now, the market appears to be moving in that direction. ⚖️
So, what should you do now? 🤔
It depends on your market perspective:
If you're a long-term HODLer, things are straightforward—just sit back, wait, and enjoy the price action. 🪙📈
If you're a trader, especially a swing trader, you might want to consider locking in profits. 💵 Stick to your system and follow the rules—it can be that simple. ✔️
I hope you're reading this with some realized profits in your account! 💸 Stay tuned for my next idea about potential retracement levels. 📊
Wishing you all a fantastic week! 🌟
ETH $3500 or moon soon?Well she tried to break out yesterday but was rejected, and ultimately pulled back to support. that support is short-medium length running, as it has provided support here 4 times in the past month and now we are hoping for a 5th time.
But even if it breaks down here, we would be likely to see it go back down to the bottom of this ascending channel, at around $3500 depending on when we arrive there, its also the 200 (4hr candle) moving average. There is a strong likelihood that if we test this area we will hold support with double support, however in the unlikely event that support also broke down, we could be looking at heading back down to red line, which also is not unhealthy, when an asset breaks out, to come back and test its prior resistance as support, ETH never did do that.
Here is the 1 day candle charts, just to show ETH was in a year decline when it broke out into this structure we are examining closer in this write up.
Notice in the chart in this write up, the red line at the bottom, it is the dominate descending red line in that one day candle chart above.
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Something else though both ETH and BTC their order books sentiment is not so strong right now. I use CMF and i like to look at orderbooks from 10% depth of market to 100% depth of market and I watch the trendline of the asks, because, the more asks at 10-100% depth of market, thats positive sentiment, thats a lot of traders that have set limit orders expecting the price to go up. Where as when we see a rise in bids in the 10%-100% depth of market range, it means more traders are setting up to buy an anticipated coming dip, so they expect the price to drop. For ETH over the last month as the price has jumped, the asks above 10% have continued to decline and now recently the bids above 10% have started to run up. But also everything goes in waves, it would make sense that soon we could start another wave up and then its just a question of if it will be a bigger or smaller wave, indicating a growing or shrinking overarching "Greed".
------------------------
So the alternative to it breaking down here, which the recent market makes it seem more likely, is that we go back and try to break that resistance again and this time, succeed and make a nice strong run on ETH, but we have to be prepared for either.
My gut says based on the recent strength of the market, we will start to see order books push a new cycle of increased trader confidence and see a break out here instead of a break down but the data above suggests a very real potential for a a pullback here. Overall, this still appears really early in ETH's break out from its year decline, I think we can expect much higher highs in the future with the only question being, how far in the future.
As always be vigilant and adaptive, and DYOR!
Bitcoin's Range Between $91K and $102K Continues📊 After two days of consolidation, Bitcoin has started to gain momentum with the weekly candle closure and the reopening of financial markets.
👉🏼 The price is currently testing the lower channel support. If this level holds, Bitcoin could retest the $102,000 resistance.
🟢 As analyzed earlier, Bitcoin seems poised to range between $93,000 - $102,000 for a while. 🔴However, if the $96,000 - $97,000 hourly support zone breaks, a decline toward $93,000 could be expected.
Preparing for $100K Target📊 Bitcoin is likely to range within the $93,000 - $96,000 support zone, forming a base before potentially starting its next bullish leg toward the $100,000 - $102,000 targets.
✅ This consolidation phase could provide the momentum required for a stronger upward move.
👉🏼 This analysis will be updated as the price action develops.