Get started

Trend Analysis

ATCryptoScan: BTCUSD upside target in mid-Dec, what's next?Previously marked that BTCUSD would make a Mid-Dec 2024 top, at about 107K. Happened 17 Dec as previously marked! DONE and checked sweetly. This was folllowed by an a large bearish marubozu candlestick downwards which broke back into the decision box, indicating that it would go out the other side. And it did, just yesterday, but it rebounded within the day to end off back in the box with a dragonfly doj i like candlestick... this is a bullish indication. Thing is, technicals are bearish, including the modified VolDiv (dotted line, lower panel) which shows some weakening; and includes a MACD crossdown. Waiting to see if the supports are going to break. Am expecting it to break down... Previously downside target 75,000 But tendency for over estimates for downside in a bull run, so the new moderated downside target is 88,000 at the end of 2024. BTCUSD is looking for a nice bullishs start to 2025... Watch for it.
BITSTAMP:BTCUSD
by Auguraltrader
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
OANDA:XAUUSDLong
by tradingdxy85
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!
BINANCE:BTCUSDLong
by DEXWireNews
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!
BITFINEX:XRPUSDLong
by Schploop
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!
OANDA:XAUUSDShort
by Trader_Marvin
XRP 4-hour chartDear Traders, Over the past few days, the crypto market, including BTC, has experienced a significant pullback. Observing the XRP 4-hour chart, it’s evident that price has retraced into internal liquidity—specifically to test the 50% consequent encroachment of the weekly Fair Value Gap (FVG), which coincides with a 4-hour order block. Using the principle of movement from internal to external liquidity, there’s a strong possibility that this retracement marks the bottom. The next logical target is the external liquidity at $2.90 USD. For this setup: Entry: Around $2.15 USD, at the 4-hour order block and FVG alignment. Stop-Loss: Positioned at $1.90 USD, below the previous low to protect against invalidation. Target: External liquidity resting at $2.90 USD, with further potential toward $3.01 USD if momentum persists. Additionally, it’s worth noting that this weekly gap aligns with the lower boundary of the daily dealing range, adding confluence to this potential reversal zone. Trade wisely and always protect your capital, Lord MEDZ
Long
by Skinwah
2
MSTR: Prime Opportunity for a Rebound as Buyers Take Control Bullish Analysis for MSTR: MicroStrategy (MSTR) has recently dropped alongside the broader crypto market, but strong buying momentum is emerging as buyers step in to buy the dip . The RSI is coming back from oversold levels, signaling potential for a rebound. As Bitcoin stabilizes and recovers, MSTR’s stock is likely to benefit from both the crypto rebound and its solid business fundamentals. Trade Setup: Take Profit 1: $370 Take Profit 2: $430 Stop Loss: $310 This setup offers a favorable risk-to-reward opportunity, with MSTR potentially poised for a bullish reversal.
NASDAQ:MSTRLong
by ValchevFinance
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
CME_MINI:MNQ1!Long
by TreyHighPwr
Bitcoin - Broader Structure and The $32K Breakdown TargetLast time, I posted an idea about Bitcoin's shorter term structure. I was scaling into a short position, and ultimately decided to close when I noticed strong support continuing to hold. This ended up being a good move, since price pushed higher towards $108k. There's a lot of resistance here in the low $100K range. While a notable milestone, it's a hefty price. More and more, Bitcoin is being seen as a tool for exploitation and wealth concentration for the wealthy, rather than something for the masses. Although good for price, this is not in keeping with the original intention behind the technology, or so we are led to believe. I tend to generally post short ideas now because I do not support buying Bitcoin, which serves only to enrichen a select few, and no longer benefits the little guy. Sure, it could benefit ME in the future, but that feeds further into greed and selfishness, which are the human flaws at the root of many market inequities, fallacies, and injustices. For more on why I changed my perspective on crypto, there are tons of ideas I've posted over the years to pull from. It essentially boils down to this: When I was young and naive, I believed crypto could be an escape from the established financial system. In many ways it is, if you like gambling on memes and adrenaline coursing through your veins. But on a broader level, it's been co-opted by the same forces that control our traditional markets, institutions, and to an extent, our wellbeing. More and more, crypto seems to fit into a neo-feudalist dystopia, rather than a free-flowing renaissance utopia. Earlier this year, I closed my original short positions when it seemed likely for Bitcoin to surpass its previous all time high. Now that price has hit a major milestone, altcoins have gone up 500-1000%, and gloating is abounds, it's time for me to re-enter my short. Now, I'm not looking to profit massively from this. It's a small position. But, I am of the belief that there is a non-negligible probability that Bitcoin will enter a longer term bearish trend. Whether it's now or at $160k, who knows? If this trendline can break decisively (it's held very well so far, even when price drops below), the next stop seems to be around $89k. From there, a bounce would be bullish. My green arrow shows the possibility of rally resumption if that level holds as strong support. On the bearish side, the previous all-time high is the next major level, followed by $32k if the entire support structure falls apart. Markets are starting to wake up and understand that inflation isn't going away quickly, and monetary policy won't be as easy as it was. A lot of fluff needs to get weeded out. Unfortunately, crypto doesn't have much SUBSTANCE to it (meaning goods, resources, and services) attached to it. As always this is meant for speculation and entertainment only! Thanks for reading. -Victor Cobra
COINBASE:BTCUSDShort
by VictorCobra
1