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Crypto market

Navigating the Current Market Turbulence: A Crypto and Stock MarBitcoin is currently trading at approximately $102,200, reflecting a decrease of 2.36% over the last week. Despite a brief rally reaching highs of $108,367.38, the digital currency has faced selling pressure. The Relative Strength Index (RSI) remains above 65, indicating that BTC might still be overbought, while the Moving Average Convergence Divergence (MACD) suggests bearish momentum could persist. Investors should be cautious as the market shows signs of volatility. For cryptocurrencies, monitoring RSI and MACD indicators can provide insights into potential buying opportunities.
CRYPTO:BTCUSDShort
by pBouDib
$USUAL Token Surge 267% After Listing: What’s Driving the Rally?The cryptocurrency market witnessed a standout performer in $USUAL, which surged 267% after its listing on major exchanges, including Binance. This Ethereum-based altcoin soared from $0.35 to a peak of $1.28 within hours, showcasing significant investor interest. Let’s delve into the fundamental and technical factors fueling this impressive performance. About $USUAL $USUAL powers the Usual Protocol, a decentralized fiat stablecoin issuer with a unique governance structure. It integrates three tokens into its ecosystem: 1. USD0: A stablecoin fully backed by short-term, liquid, and risk-free assets, ensuring composability and transparency in DeFi. 2. USD0++: A liquid staking token that distributes rewards in $USUAL. 3. $USUAL: A governance token directly tied to protocol revenue, granting ownership and decision-making rights to its holders. This innovative structure aligns user incentives and drives adoption of USD0, making $USUAL pivotal to the ecosystem’s growth. Its intrinsic value, derived from real cash flows, positions it as a game-changer in the DeFi landscape. Fundamental Highlights Listing Impact: The token’s debut on Binance, Bitget, and other prominent exchanges significantly boosted liquidity and visibility, propelling its price to an all-time high of $1.29. Market Activity: With a 195.60% increase in trading volume, totaling $1.64 billion in the last 24 hours, $USUAL has captured the market’s attention. Market Cap & FDV: At $552 million, $USUAL ranks #183 on CoinGecko, with a fully diluted valuation of $571 million. Technical Analysis The daily chart of $USUAL depicts the formation of a symmetrical triangle, a pattern often associated with potential breakout scenarios. A breakout above the triangle’s resistance could initiate another rally, targeting higher highs and reaffirming bullish sentiment. Immediate support lies near $0.80, reflecting investor confidence in this price zone. While the RSI IS not overbought, $USUAL’s momentum indicates strong buying interest, bolstered by its fundamentals and ecosystem utility. Future Potential $USUAL’s unique proposition as a governance token tied to real cash flows, combined with its stablecoin backing and staking mechanisms, positions it for sustained growth. However, traders should remain cautious, as breakout patterns may also lead to short-term corrections. Conclusion The $USUAL token is making waves with its robust performance, driven by a strong listing impact and innovative ecosystem fundamentals. As the DeFi space evolves, $USUAL’s decentralized approach to stablecoin governance and intrinsic value alignment could redefine the sector. Investors and traders should watch for a breakout from the symmetrical triangle for further bullish momentum.
UNISWAP3ETH:USUALWETH_14154C.USDLong
by DEXWireNews
Bitcoin (BTC): technical and fundamental analysis. Altseason.📈 Technical analysis BTC/USDT The Bitcoin price is trading within a narrowing price range, formed after an unsuccessful test of the major resistance block at $100,000, followed by a correction to the 0.23 Fibonacci retracement level and subsequent consolidation. This has resulted in the formation of a pattern known as a narrowing wedge, the breakout of which could indicate the next direction for BTC price movement. If buyers, supported by fundamental factors, manage to break through the psychological resistance level of $100,000, we can expect a strong upward momentum toward the next resistance zones at $110,000–$120,000 and a test of the global trendline resistance. Conversely, if sellers push the price below the $90,000 support block and establish themselves beneath the EMA 200 line, we anticipate a corrective move toward the 0.5–0.61 Fibonacci retracement levels. These levels coincide with Imbalance zones, where consolidations are needed to close gaps in horizontal volume levels. 📉 Bitcoin market global analysis. When does the altseason start? Bitcoin's dominance has begun a rapid decline, and we are currently witnessing an attempt to break out of a parallel price channel. If it manages to consolidate below the lower boundary of the channel, we can expect further declines in dominance, which would indicate the start of significant capital flows from Bitcoin to altcoins. What are Bitcoin's long-term growth targets? Above the current all-time high (ATH), there are no resistance levels based on historical data. Therefore, to determine growth targets, we will rely on trendlines, Fibonacci extension levels, analysis of large order block clusters in exchange order books, and, of course, indicators: Fibonacci Extension Levels: The nearest growth targets for Bitcoin are the 1.61 and 1.78 Fibonacci extension levels, which lie in the range of $104,000–$112,000. Global Trendline: The next target could be the global trendline drawn based on the peaks of the previous growth cycle. A test of this trendline might occur around the $120,000 level. RSI Analysis: The RSI indicator is currently about 18% away from its resistance trendline. Translating this to Bitcoin’s price chart, this corresponds to a range of approximately $114,000–$120,000. This is where a test of the resistance line may occur, as observed in all previous Bitcoin market cycles. 💠 Analysis of liquidity zones and levels The Fear and Greed Index remains in the Greed Zone at 76. The total cryptocurrency market capitalization has grown to $3.37 billion, while the Bitcoin Dominance Index has fallen to 56.18. According to the analysis of the accumulation of large order blocks in the order books, the largest blocks are at levels 100,000 and 120,000, and the supply and demand zones are located at the following levels: 🟢 Demand zone: 80,000 - 90,000 🔴 Supply zone: 100,000 - 150,000 Levels for long positions: 90,000 - psychological support level 88,000 - large support block 60,000 - large support block Levels for short positions: 100,000 - largest resistance block 110,000 - large resistance block 120,000 - 100,000 - ascending trend line of resistance 📊 Fundamental analysis In November, Bitcoin ETFs recorded an inflow of $6.1 billion—the highest monthly figure since the instrument's launch in January. This indicates growing investor confidence in the asset while favoring the security of regulated ETFs over direct BTC purchases. Record inflows into Bitcoin ETFs could support a BTC rally above $100,000. Ethereum and Altcoin Investment Trends Investment inflows into Ethereum (ETH)-focused products reached $634 million, pushing the total for this year to over $2.2 billion, surpassing the previous record of $2 billion set in 2021. Similarly, Ripple (XRP)-based crypto funds received record-breaking investments of $95 million. This surge may be linked to preparations for ETFs on other cryptocurrencies, potentially accelerating the onset of an altseason. Regulatory and Macroeconomic Developments SEC Leadership Announcement: Tomorrow, information may emerge regarding the new chair of the U.S. Securities and Exchange Commission (SEC), a key financial regulator overseeing the crypto market. Under current chair Gary Gensler, the SEC has intensified crypto market regulation. The appointment of a crypto-friendly commissioner could boost market sentiment and further support the start of an altseason. U.S. Labor Market Data: Labor market reports are set to be released this week, serving as a critical indicator for the Federal Reserve's monetary policy. A continuation of rate cuts by the Fed would likely bolster overall growth in the cryptocurrency market. 🌐 Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ 12/04, 21:45 - Speech by Fed Chairman Jerome Powell. ➤ 12/06, 21:45 - US Unemployment Rate for November. ➤ 12/18, 21:00 - New Fed Interest Rate Decision. ➤ 12/18, 21:00 - US GDP (q/q) (Q3) ➤ 01/29/2025, 21:00 - New Fed Interest Rate Decision. 📈 Statistics of signals from our AI trading indicator: In November, the price of Bitcoin was in an upward trend. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. 😎 Total price movement by all signals: + 54.92% Maximum price movement: + 42.10% Average price movement: + 13.73% In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
by TradeINEX
BTCUSDT Broke parallel channel!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyze BTCUSDT on lower time frame: BTCUSDT has broken the parallel channel on the 4-hour chart, and the retest appears to be complete. BTC is likely to bounce off the support levels, as BTC dominance is gradually declining. This suggests that BTC may enter a sideways movement, which could create favorable conditions for altcoins to rally. Key support zones: Primary support zone: $89,632 - $87,021 Secondary support zone: $78,567 - $75,829 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
by persis10t
105K for possible short entryMorning folks, So, BTC just perfectly completed our setup for this week, turning down precisely around 107.80K, where as butterfly as H&S pattern targets were completed and falling down to predefined 98-98.5K area... Now what? Daily trend has turned bearish, so, nominally we have no reasons for longs at least on daily chart. And should wait for the bounce to resistance levels. Now 105K seems potentially interesting for short entry, if BTC will hold bearish trend. On intraday chart current 98-98.5 Lows in fact is a last hope for the bulls. This is K-support area, trend line support. SO tactical bounce should happen here, and it is already underway. Thus, for intraday traders, this level might be interesting for scalp long position. Those who would like to sell should wait for the same upside bounce. And, some resistance area, say 105K. If BTC will keep going higher, then forget about shorts for some time. So, daily traders should wait...
COINBASE:BTCUSD
by Sive-Morten
BTCUSDT - BEAUTIFUL TEXTBOOK CUP & HANDLE FORMATION🚀 Who's ready to go to the moon? 🌕 Grab your spacesuit, because CRYPTOCAP:BTC is gearing up for lift-off! Every spot-positioned person is currently in profit as BTC recently formed a double top at its all-time high. Now, let's talk formations. We've got a beautiful textbook cup & handle pattern taking shape on the weekly chart. The cup is already formed, showcasing a robust foundation for potential upward momentum. What we're waiting for now is the handle to complete this classic pattern. Patience is key here, as the handle formation might take a couple of months to materialize fully. But fear not, because once it does, we could be looking at a trajectory towards the $100k range by June 2024. So, buckle up and stay tuned as we prepare for what could be an exhilarating journey to new heights in the realm of cryptocurrency! 🌌 #BTC #ToTheMoon 🚀
by bitcoinbanny
4
BITCOIN UPDATES The logarithmic is not a joke, I see a 10*3 rates on this prices. we might see 177k in the next 3-6 months, Number is pilling up since the halving and the banks are always buying. its a free trade for a long positions or just holding this coin. Power of 3 supposed to be 177k. and this idea is insane? bitcoin has this word "scarcity" . and most people are still denial on this idea. not a financial advice. THis is only my view. since last year. I Posted a logarithmic weekly. now I conclude to myself, this idea is working with the power of 3. Goodluck. we might see it the future of money is here already. ciao..
BITSTAMP:BTCUSDLong
by D1GITALTRADES
$DOGE isn't ready yet?Looking at the previous bull run with CRYPTOCAP:DOGE , we should correct to 50% from here. Then the correction is also completely complete for the bull run. I think 50% is also the maximum for the correction. But in these crazy times, I wouldn't be surprised if we made some deeper corrections. For now I expect a slightly deeper correction, but once it is complete we can only go up from there. I secretly hoped for a CRYPTOCAP:DOGE Christmas, but I'm afraid we'll have to test our patience for a while. Be kind to the world and each other!
BINANCE:DOGEUSDShort
by RidgerR
From Decline to Opportunity: Total3 Poised for RecoveryAfter breaking below the critical $1.04T support level yesterday, Total3 experienced a sharp decline, finding its footing at a key horizontal support level. This drop coincided with many altcoins also reaching their respective support zones. For traders, this presented an attractive opportunity to enter the market at more favorable prices, effectively halting the downward momentum. Currently, the chart shows a promising reversal forming. As long as this horizontal support level holds, there is a strong likelihood of continued upward movement, potentially paving the way for a new all-time high.
CRYPTOCAP:TOTAL3Long
by Mihai_Iacob
BTC 19 DEC 2024Here is the model chart for the BTC/USDT price movement on the 4-hour time frame. The chart displays: BTC/USDT Price: The blue line represents the price movement. Support Zone: The green area around $100,500 to $101,000 as the nearest support zone. Resistance Zone: The red area around $104,000 to $105,000 as the main resistance zone. Lower Support: The orange area around $97,500 to $98,000 as deeper support. Entry Position: The purple dashed line at $101,500 as a potential buy entry area. Take Profit: The red and green dashed lines indicating take profit targets at $104,000 and $106,000. The layering strategy can be implemented in the support zone while paying attention to price and volume confirmation. Make sure to maintain proper risk management! Aa Bandung Kasep
Long
by wisnuprima
Setting Alerts by Watchlist Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- Now, you can receive alerts for various coins (tokens) that meet the conditions with TradingView's alert settings without using an external program. You can add the coin (token) you want to trade to a watchlist and receive alerts that meet the conditions. You can now set alerts by watchlist. If you want to receive an alarm only once per candle when the BW (100) indicator of the 1D chart is broken, set it as shown in the picture. It seems that the time frame chart settings of the alert are supported in various ways. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
Education
by readCrypto