BTC/USDT AnalysisBitcoin has broken down from the rising wedge pattern and retested the breakdown zone, encountering strong resistance from both the Ichimoku Cloud and the 200MA.
Key Resistance: The upper green zone is around $98,000–$99,000.
Support Zone: The horizontal black box around $92,000–$94,000 serves as immediate support.
A failure to hold above this support zone could continue the downtrend, potentially targeting the larger beige demand zone near $78,000–$80,000.
Conversely, if BTC reclaims the green resistance zone, it could invalidate the bearish outlook and push higher.
Overall, the bias remains bearish unless BTC reclaims key resistance levels.
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.
DYOR, NFA
@Peter_CSAdmin
Community ideas
BTC POSSIBLE BUYThe market is currently testing the current Weekly Support area. Based on Daily TF, there is a hammer candle close. On the 4HR TF, the market seems to be forming a possible reversal pattern.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Long Wick Candle forming on Higher Timeframe Please observe BONK on the weekly Chart, please observe the long wick candle forming around the supply zone and the golden zone on the Fibonacci level. Also, observe the CM_Williams_Vix_Fix Finds Market Bottoms indicator flashing green saying the bottom is in or close. If the week close out with these conditions, there is a possibility of price reversal. In addition, it appears if it closes out with these current conditions we may be seeing a retest of the descending triangle.
HBAR. From $0.23 to the Moon? Hedera’s Growth Potential!BYBIT:HBARUSDT
The asset looks promising during a correction, as it is being heavily accumulated at the $0.25381–$0.23456 level, which supports price growth. I believe it has strong potential for upward movement.
HBAR is the native cryptocurrency of the Hedera public network. Hbars are used for powering decentralized applications, peer-to-peer and micropayments, as well as securing the network—Hedera employs a proprietary protocol with elements of Proof-of-Stake.
DYOR.
Gold (XAUUSD) Potential Rebound from Support - Buy SetupAnalysis:
Support Zone:
Price is currently testing the lower support trendline of the ascending channel (around 2,636 USD).
This level has acted as strong support previously, making it a potential rebound point.
Moving Averages (EMA 50 and EMA 200):
Price is below both the 50 EMA (orange) and the 200 EMA (green), suggesting a short-term bearish trend.
However, a bounce from support could push price back to test these levels as resistance.
RSI Indicator:
The 7-period RSI is at 29.52, indicating oversold conditions.
This suggests a possible reversal or price rebound in the near term.
Trade Setup:
Entry (Buy):
Enter near 2,636 - 2,640 USD if price shows a bullish reaction (e.g., bullish candle or reversal signal).
Take Profit Targets:
TP1: 2,665 USD (near 50 EMA).
TP2: 2,678 - 2,680 USD (near 200 EMA).
TP3: 2,733 USD (upper channel resistance).
Stop Loss:
Place a stop loss below the ascending channel support at 2,615 USD to limit risk.
📊 "Trade what you see, not what you think!"
Good luck, and manage your risk wisely! 🚀 OANDA:XAUUSD
FETUSDT: Trend in weekly time frameAnalyzing this coin is really difficult. Considering that I expect a correction for Bitcoin up to area of 80k to 84k, this trend can be considered for FET coin.
But, I must say that until you get confirmation, don't get a position.
But, you must know that the colored levels are very accurate.
BEST,
MT
Bitcoin: Double Zigzag and a Potential Bullish Breakout?Currently, I am marking Bitcoin’s movement as a correction in the form of a double Zigzag (WXY). However, Bitcoin often exhibits the ability to extend waves without altering the broader structure...and we can fall further down.
The bullish scenario will take precedence if the price breaks above Wave X at 102,740. That is, of course, unless the market transitions into a larger triangle pattern, which could extend the corrective phase for a while longer.
BTC Faces Significant Selling Pressure from Long-Term HoldersBitcoin ( CRYPTOCAP:BTC ) has faced intensified selling pressure from long-term holders (LTHs), who have offloaded approximately 1 million BTC since mid-September, contributing to its current 13% dip from its all-time high of $108,000. This marks the largest discount since the U.S. presidential election. While short-term holders (STHs) have stepped in to absorb some of this supply, demand imbalance continues to weigh heavily on Bitcoin’s price.
1. Long-Term Holders’ Selling Behavior
LTHs, defined as investors holding BTC for over 155 days, have been distributing their holdings as prices show strength. Over the past week, LTHs sold 70,000 BTC in a single day, marking the fourth-largest one-day sell-off this year, according to Glassnode data.
Their holdings have dropped from 14.2 million BTC in September to 13.2 million BTC, signaling a strategic move to realize profits during this period of heightened market volatility.
2. Short-Term Holders Absorbing Supply
STHs have accumulated 1.3 million BTC during the same period, partially offsetting LTHs' selling. However, this accumulation hasn’t been enough to sustain upward momentum, resulting in continued price weakness.
3. Market Liquidity and Exchange Activity
The circulating supply of Bitcoin stands at 19.8 million tokens, with 2.8 million BTC held on exchanges. Notably, 200,000 BTC have exited exchanges in recent months, indicating a trend of investors moving assets to cold storage.
This dwindling exchange balance could limit immediate liquidity, further impacting market dynamics.
Technical Outlook
Bitcoin is trading in a bearish zone, currently down 0.49% with a Relative Strength Index (RSI) of 42. The recent market sell-off liquidated approximately $1.4 billion, exacerbating downward pressure.
Key Levels to Watch
Support Level: If selling persists, CRYPTOCAP:BTC could dip to $85,000, a key support level aligning with the 23.6% Fibonacci retracement.
Resistance Level: For a bullish reversal, CRYPTOCAP:BTC must break through $101,000, a pivotal psychological and technical barrier that aligns with the 38.2% Fibonacci retracement.
Outlook and Implications
The ongoing selling by LTHs reflects a strategic shift, possibly influenced by macroeconomic uncertainties and profit-taking at current levels. Meanwhile, STHs’ buying activity suggests continued confidence in Bitcoin’s long-term potential.
However, the imbalance between supply and demand could lead to further short-term price volatility. Investors should closely monitor key support and resistance levels and market activity from these cohorts to anticipate the next significant price movement.
Conclusion
Bitcoin’s price trajectory remains uncertain amid significant selling pressure from LTHs. While oversold technical indicators hint at a potential rebound, the lack of sufficient demand from STHs raises concerns about sustained recovery. The next few days will be critical for Bitcoin as it navigates these pivotal price levels.
Will CRYPTOCAP:BTC bounce back like it has in past corrections, or is a deeper dip on the horizon? Only time will tell. Stay tuned for further updates!
DXY - Can Get To $108DXY
This is now a very strong bounce and a bullish morning star candle pattern is printing on the month chart still with half the month to go.
I think this may be first major bounce from the market topping slump back in 2022...
From the crash low I see it as an AR "Automatic Rally" (short covering) into a 3 wave correction...
And now the real bounce which may end up being a higher time frame 3 wave correction that Elliott Wavers might call a WXY.
This is starting to look like it will be the obligatory minimum 0.618 @ $108.7 retracement as per crash structure ratios and it can of course explore into the Golden Window up to 0.786 @ $111.3 overshoot ratio and even a little beyond.
This is great for currency trades long dollar and as you know I posted a short GBPUSD trade (see linked idea) a while ago.
That trade should have some legs if dollar gets to the Golden Window, which I think it will if the month closes here or above.
Pull backs along the way of course.
Not advice
XRP LONG TO ATHs! Ripple XRPUSD RLUSD XRP is Bullish to $4 at the very minimum. We successfully completed our retrace down to $1.95 to the dot. Expecting that to be our final support area and to start seeing consolidation, and upwards momentum. Media hype hasn't started yet, BTC is losing market dominance similar to 2017 2018. We are on the verge of another Diamond Hands bull run. Make sure to take some profits when emotions are hitting super dopamine levels of euphoria. The final pump happens fast and retraces even faster. The volatility will be insane.
Well keep tabs on this as the weeks go by. Good luck you beauties!
Alt season may be starting hereYour bags are pumping due to Core PCE!
Today Core PCE came in 10bps lower than expected.
This is very bullish for CRYPTOCAP:BTC and all other alts!
Core PCE is the FED's favorite inflation indicator.
Inflation is the main worry of the FED.
This means the FED may change their outlook back to being bullish if PCE continues falling.
This means #ALTSEASON could be here.
If Bitcoin Dominance keeps falling get ready we're all going to the moon🚀
Let me know your thoughts👇
x.com
A POTENTIAL SELL ON EUR/USDI believe we might see some downward movement on the EUR/USD, the momentum seems to on the selling side and, also its a downtrend retest its more clear on a 1M timeframe,the sellers shot out of a little consolidation and buyers are pushing back up but believe it will sell and reach the target, we will see, FX:EURUSD
Short gold after hitting 2635-2645 areaBrothers, we went long on gold near 2591 yesterday and closed the long position near 2607 this morning, making a profit of 160 pips easily, which is a very good trading result.
After closing the long position, I originally planned to wait for gold to fall back and continue to go long on gold in the 2595-2590 area, but after I closed the order, gold has been fluctuating in the 2607-2600 area, and did not give me the opportunity to go long on gold again. So it's a pity that I missed this time when gold continued to rebound.
At present, gold has reached around 2628, and the increase has not exceeded my expectations. I think gold may even continue to rebound to the 2635-2645 area. However, if gold touches this area for the first time, I think there will be an opportunity for gold to fall back to build up momentum and extend its effect.
So, if gold touches the 2635-2645 area as expected, I will choose to short gold once!Bros, will you choose to short gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
600 Point LONG +4R Today on MNQ for da HOUSE!!!CME_MINI:MNQ1!
"We do what we do best, & That's BE THE BEST" -500KTrey
Family I'm in gr8 Spirits this Morning as we exercised our patience, and we came out on top of today's BATTLE with MNQ... This trade was executed just shortly after CPI news came out @5:30am PST and we heavily studied the Order Flow Footprint to Manage the trade correctly.... (We caught LONG 600 points +4R) #APBTG Let's continue to work...
Remember; Our Profession is Managing the downside costs of printing HIGHSIDE returns of $$$$ CONSISTENTLY. Done correctly, well Abundance awaits us! +Shalom.
#BHM500K