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Support and Resistance

BTCUSDT major supports are holding the price what if it break?For sure(90% sure) the supports which are mentioned on the chart with green zones will break to the downside and Bitcoin bellow 90K$ support would be crazy and so many stop loss will hit with high volume there, even more fall and dump is expected like the red arrows on chart. Notice: we may have more range here or even fake rise before the next phase of dump which will start again and soon. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Short
by MMBTtrader
28
STXUSDT in coming daysHi Stacks is in an overall uptrend, moving within an ascending channel💁‍♂️ After testing the upper boundary of the ascending channel, the price pulled back🫠 After breaking down below the MA 50, expect a potential move towards the lower boundary of the channel🔻 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
by CobraVanguard
2
Tide Turning For Bitcoin? Reserves And Netflows Show ReversalBitcoin, the world's first and most well-known cryptocurrency, has experienced a rollercoaster ride since its inception. From its meteoric rise to its dramatic crashes, Bitcoin has remained a topic of fascination and debate for investors and financial analysts alike. In recent times, several factors have contributed to a sense of uncertainty surrounding Bitcoin's future, including regulatory scrutiny, market volatility, and concerns about its environmental impact. However, recent developments, such as increasing institutional adoption and positive netflows, suggest that the tide may be turning for Bitcoin. Bitcoin Institutional Adoption Accelerates as ETFs Show Investor Appetite One of the most significant indicators of Bitcoin's growing acceptance is the increasing interest from institutional investors. Traditionally, institutional investors have been hesitant to invest in Bitcoin due to its volatile nature and lack of regulatory clarity. However, as the cryptocurrency market matures and regulatory frameworks become clearer, more and more institutions are beginning to see the potential of Bitcoin as an investment asset. This growing institutional interest is reflected in the recent surge in for Bitcoin exchange-traded funds (ETFs). ETFs are investment funds that track an underlying asset, such as a stock index or a commodity. They offer investors a convenient way to gain exposure to an asset without having to directly own it. Recent Reserves and Netflows Indicate Market Reversal In addition to increasing institutional adoption, recent data on Bitcoin reserves and netflows also suggest that the market may be reversing. Bitcoin reserves refer to the amount of Bitcoin held on cryptocurrency exchanges. A decrease in Bitcoin reserves indicates that investors are withdrawing their Bitcoin from exchanges, which is often a sign of accumulation and a bullish signal. Netflows, on the other hand, refer to the difference between the amount of Bitcoin entering and leaving exchanges. Positive netflows indicate that more Bitcoin is entering exchanges than leaving, which can be a sign of selling pressure and a bearish signal. Recent data shows that Bitcoin reserves have been declining, while netflows have turned positive. This combination of factors suggests that investors are accumulating Bitcoin and that selling pressure is decreasing. These are both positive signs for the Bitcoin market and could indicate that a reversal is underway. Bitcoin Price Analysis: Navigating Volatility and Key Levels Despite these positive developments, Bitcoin's price remains volatile and subject to market fluctuations It has been noted a potential 'head and shoulders' pattern, a bearish technical indicator, which could lead to a significant price drop. This pattern suggests that Bitcoin's price could fall to as low as $80,000. However, there maintain a more bullish outlook, emphasizing the importance of the $90,000 level. It is argued that if Bitcoin can maintain this level, it could pave the way for further price appreciation. Conversely, if Bitcoin fails to hold this level, it could trigger a sell-off and push the price down to $80,000. Conclusion: A Cautious but Optimistic Outlook for Bitcoin In conclusion, several recent developments suggest that the tide may be turning for Bitcoin. Increasing institutional adoption, as evidenced by the surge in Bitcoin ETF filings, indicates a growing acceptance of Bitcoin as an investment asset. Positive netflows and declining reserves further support this notion, suggesting that investors are accumulating Bitcoin and that selling pressure is decreasing. However, it is important to remain cautious. Bitcoin's price remains volatile, and various factors could impact its future performance.13 The cryptocurrency market is still relatively young and subject to regulatory changes, technological advancements, and shifts in investor sentiment. Therefore, while the recent developments are encouraging, it is crucial to approach Bitcoin with a balanced perspective. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance. Overall, the outlook for Bitcoin appears cautiously optimistic. The increasing institutional adoption, positive netflows, and declining reserves suggest that the market may be reversing. However, it is important to remain vigilant and adapt to the ever-changing dynamics of the cryptocurrency market.
BITSTAMP:BTCUSD
by bryandowningqln
Nifty on Weekly chart delicately placed. (Medium Term Outlook)Nifty is placed delicately on a weekly chart. Shadow of the candle is slightly positive but as the closing of the year looms large FIIs and the Bears might again try to sell on rise. On the positive side if FII will be on the buying side for the 2025 beginning and create fresh positive positions we might see a positive rally on the upside. The supports for Nifty remain at 23532, 23271 and 22724. 22724 is a very important support below which we might see a free fall which as of now can range till 21302 or even 20587. However there does not seem any trigger as of now which can bring Nifty to this levels but you never say never. On the positive side if there is a fresh buying trigger and a positive rally overall the resistances on the upper side seem to be near 23901, 24300, 24881 and finally 25409. 25409 is a strong resistance and closing above it will not only open the doors for touching the previous highs 26277 but also push Nifty towards making new highs.
NSE:NIFTY
by Happy_Candles_Investment
BTC/USDT: Key Buy/Sell Zones with SMC and ICT StrategiesBINANCE:BTCUSDT BTC/USDT: Strategic Buy and Sell Zones Using SMC, ICT, and Price Action Analysis Analysis: Price Action Analysis: The chart shows BTC/USDT on a 4-hour timeframe. The current price is around $94,645.65. Key support and resistance levels are marked. The price has shown a Break of Structure (BOS) at several points, indicating potential trend reversals. The price is consolidating after a recent downtrend, suggesting potential for a breakout. SMC (Smart Money Concepts) Analysis: Multiple BOS levels are marked, indicating areas where the price has broken previous highs or lows. Change of Character (ChOCH) points are noted, suggesting potential shifts in market sentiment. The price is in a potential accumulation phase, indicating a possible upcoming bullish move. ICT (Inner Circle Trader) Analysis: Fibonacci retracement levels are drawn from the recent high to low. Key Fibonacci levels (0.618, 0.705, 0.786) are marked, indicating potential areas of interest for institutional traders. The price is near the 0.5 Fibonacci level, suggesting a potential area for a reversal. Indicators: Volume Profile shows high trading activity around the $96,153.45 level, indicating strong support/resistance. RSI is at 45.09, suggesting the market is neither overbought nor oversold. MACD shows a potential bullish crossover, indicating possible upward momentum. Buy Signal: entry: 94,645.65 tp1: 96,153.45 tp2: 99,588.01 sl: 92,232.54 Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions. I hope this analysis helps with your trading decisions! If you have more charts to analyze or need further insights, feel free to share. Follow @Alexgoldhunter for more strategic ideas and minds
by Alexgoldhunter
Really nice Bounce coming for XOMThis NYSE:XOM chart is looking really solid for a potential bounce! Here’s why: Strong Support: The price has pulled back to a key area near the 50% and 61.8% Fibonacci retracement levels. These levels often act as a strong base for a reversal. Trendline Holding: There’s a long-term upward trendline right under the current price, adding extra support. Oversold Indicators: The Stochastic Oscillator is deeply oversold, meaning it could be ready to turn up. The RSI is showing bullish divergence – the price made lower lows, but the RSI made higher lows. That’s often a great sign of a potential reversal. Momentum Shifting: The MACD is still negative, but it looks like it’s starting to lose steam. A crossover could be on the way. Potential Play: If this holds, we could see a bounce back to $113-$116 in the short term. Watch this one closely, and as always, have a stop-loss plan in case it breaks below support. This setup looks like a great opportunity to me. What do you think?
NYSE:XOMLong
by ACarruba
Alikze »» SOL | Ascending channel - 1D🔍 Technical analysis: Last corrective leg, to the order block area 📣 BINANCE:SOLUSDT was analyzed and reviewed in the 4-hour and 8-hour time frames in previous posts, which touched their targets. 🟢 It is currently moving in an ascending channel on the daily time frame, which is correcting again to the bottom of the descending channel after reaching the channel ceiling and an unsuccessful breakout. 🟢 Given the current corrective structure, it can have two movement scenarios. 💎 Scenario 1: If it cannot break the red box area, it can continue the correction to the order block area. 💎 Scenario 2: If the red box area is not broken, the correction to the bottom of the channel and with a lower leg, it can meet demand and retest the previous ceiling. 🔔 If the behavior and structure change, the post will be updated. »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. Thanks for your continued support.🙏 Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
Bitcoin at a Crossroads: Testing Key TrendlinesBitcoin’s current price action places it at a decisive technical level, where historical and recent trendlines converge. This area holds significant implications for the future direction of the market. 🔍 Key Observations from the Chart The Two Trendlines in Focus Old Trendline: This line, originating from the previous bull market, acts as a critical long-term support. Its historical significance makes it a widely-watched level for market participants. Young Trendline: This trendline represents the momentum of the latest bullish recovery. A break here could signal a potential shift in sentiment. Liquidity Cluster Around $92,500 A clear liquidity zone lies just below the current price. Such zones often attract price action as market makers seek to clear stop-losses or gather liquidity before determining the next move. Imbalance Zones Below Imbalances between $85,000 and $70,500 are visible on the chart. These areas represent inefficiencies in price action that could serve as potential targets if support levels fail. 🎯 Levels to Monitor Support Levels: Young Trendline (~$93,800): The first line of defense for bulls. Old Trendline (~$93,800): A breach here would signal a deeper retracement. Liquidity and Imbalance Targets: Liquidity Zone: $93,000-$92,000. Imbalance Zone 1: $85,000–$81,600. Imbalance Zone 2: $74,400–$70,600. Resistance Levels: If BTC bounces, watch for reactions near $98,000 and $100,000 as short-term resistance. 🤔 What Could Happen Next? Scenario 1: Support Holds If the trendlines hold, BTC could see a recovery toward $98,000 or higher, maintaining its bullish structure. Scenario 2: Break Below Support A loss of the young and old trendlines may lead to a retest of the liquidity zone at $92,500. If this level fails, the imbalance zones below become the next logical targets. Volatility Ahead With price so close to these key levels, whale activity and stop-hunting wicks are likely. Traders should prepare for possible fakeouts before the true direction becomes clear. ⚡ Key Takeaway Bitcoin’s position near these converging trendlines makes this a crucial moment. Whether the supports hold or price dips to fill lower imbalances, the upcoming moves will provide important clues about market sentiment heading into the new year. Patience and risk management are essential in this environment. Stay neutral, observe the price reaction to these levels, and let the market reveal its hand.
by SetKryptoBalans