Depending on the number of hits to the ceiling trend line, a breakout will occur at the next hit, and our move towards the target will be determined based on the length of the previous upward leg.
Futures running a -2.6% monthly roll long indicating good supply. Trend may not run to far...... I won't take this trade
Very large buys indicate extraordinary demand for the token. Trading volume increased to 400M tokens per day, usual volume is around 30M daily.
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1W chart) https://www.tradingview.com/x/E4pJqkkG/ The key is whether it can receive support and rise around 3265.0-3321.30. If not, and it falls, it is possible to touch the M-Signal indicator on the 1M chart. Accordingly, we need to check whether it can rise around 2706.15. - (1D chart) https://www.tradingview.com/x/lYG3fP2G/ The key is whether it can receive support near the important support and resistance area of 3265.0-3321.60 and rise above 3438.16. If not, it is likely to fall to around 2895.47 to meet the M-Signal indicator on the 1W chart. The point to watch is what kind of movement it will show as it passes through the next volatility period of ETH, around December 27 (December 26-28). - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ 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) https://www.tradingview.com/x/YtZx6YSG/ 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. - https://www.tradingview.com/x/zTnWN2r7/ 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 -----------------
BTCUSD Medium term short - It might be worth placing a small sized EA on this pair and try to make a little money while we wait for Trump's inauguration in late Jan 2025. Consolidation is most likely.
Bitcoin has failed to break the 90k area 3 times now. The buying pressure is increasing with every dump, every dump becomes an opportunity. It has been awhile since we seen an Adam n Eve double bottom and when the play out they can be explosive. A slow downtrend into Christmas before the rally.
idk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guessidk if it will work but let's see i guess
Good trending market but it has a negative roll of -3.5% per a month on futures. Not a trade i will take at this time.
Another opportunity to go long here. 30% chance of success. High risk trade. Expecting a move up to approx $100k
Looking at the daily chart of CVC/USDT, we're seeing an interesting pattern developing that warrants attention. Let me break down what I'm seeing: Long-Term Structure: Major descending trendline from early 2024 highs Price respecting yellow highlighted accumulation zones Multiple touches of key support levels showing strong buyer interest Recent Developments: Price Action Currently testing the upper boundary of the accumulation zone Respecting the yellow box support consistently Recent rejection from local high shows short-term weakness Technical Signals: MACD: Showing bearish crossover attempts but lacking strong momentum Histogram bars decreasing but not aggressively Overall ranging pattern in the indicator RSI: Currently neutral, around mid-levels No significant divergences Showing balanced momentum Key Levels to Watch: Resistance: $0.18 (Previous swing high) Support: $0.14 (Upper accumulation zone) Critical Support: $0.12 (Lower accumulation zone) What Makes This Interesting: The accumulation zones (yellow boxes) have been respected multiple times Price consistently bounces from these zones Lower highs forming under descending trendline Volume patterns suggest accumulation rather than distribution Trading Implications: Short-term: Cautious bearish bias Medium-term: Potential accumulation phase Long-term: Watch for break of descending trendline Conclusion: While immediate price action suggests bearish pressure, the repeated respect of accumulation zones indicates strong underlying support. The key decision point will be at $0.14 - a break below could trigger a move to $0.12, while holding could set up for another test of $0.18.