In my initial mention and entry at the low I posted the Elliot ABC corrective pattern. Then I remembered we live in the age of eternal stop hunting. Upon some further consideration, I suspect if my bear thesis is correct we'll likely see a new high first. Probably the short being 6160. The difference between the ABC and the bat D leg does not matter at this point. Both are strong buys to the retracement levels. Just a heads up because the possible bat pattern changes the way we go about fading the rally (And I will be trying to fade a rally if it comes). At things stand, I suspect 6160 is the destination for SPX. All long stops are in profit now, just waiting to see if we can break up.
BTCUSD Analysis – February 27, 2025 Bitcoin Sentiment Hits 2022 Lows as Fear & Greed Index Falls to 10 ? Bearish Momentum Persists Below Key Resistance Bitcoin continues its bearish movement after failing to hold above 91,586 and breaking below the key resistance zone. The price is now consolidating around 86,168, with potential for further downside. Technical Outlook ? Bearish Scenario: BTC is trading below key resistance, with rejection expected near the descending trendline around 91,586. If the price remains below 86230, further bearish momentum could push BTC toward 76,681, with a breakdown leading to 72,600 as the next support level. ? Bullish Reversal: A breakout and 4H candle close above 91,586 would indicate a potential trend reversal. Stability above this level could trigger a push toward 96,000, but BTC must break the descending trendline for confirmation. ⚠️ Market Sentiment & Impact: Increased volatility due to economic uncertainty and investor concerns about liquidity. The broader macroeconomic environment and risk-off sentiment are keeping BTC under pressure. Key Levels to Watch ? Resistance: 91,586 | 96,000 | 100,000 ? Pivot Zone: 87,200 ? Support: 82,500 | 76,681 | 72,600 ? Directional Bias: Bearish below 91,586 – A rejection from this level would accelerate downside momentum. Previous idea: https://www.tradingview.com/chart/BTCUSD/mlBuv3lE-Bitcoin-s-Next-Move-Key-Levels-to-Watch-Based-on-Market-Trends/
Completed " 12345 " Impulsive Waves Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame Demand Zone Fibonacci Level - 38.20%
We previously picked the turning point of the S&P at the all time high. We now expect this to continue with the downtrend as it approaches the strong 6000 resistance. 1) There is pattern 2) H4 and D1 are down 3) M15 is overbought, awaiting divergence We target the low of 5915 which will give a 1:2.5 R:R
MARA ( NASDAQ:MARA ) Q4—$214.4M HAUL STUNS MARKET (1/9) Good Morning, TradingView! MARA Holdings ( NASDAQ:MARA ) smashed Q4 ‘24 with $ 214.4M revenue, up 37% YoY ? Bitcoin hoard hits $ 3.94B—let’s unpack this mining beast! ? (2/9) – REVENUE SURGE • Q4 Take: $ 214.4M, 37% up from $ 156.8M ? • Net Income: $ 528.3M, 248% leap ? • BTC Price: 132% boost adds $ 119.9M ? NASDAQ:MARA ’s cashing in—halving? What halving? (3/9) – BLOCKS BUZZ • Blocks Won: 703, up 25% from 562 ? • Hashrate: 53.2 EH/s, 115% jump ? • EPS: $ 1.24, beats $ 0.32 loss call ? NASDAQ:MARA ’s grinding—blocks stack, stock pops! (4/9) – BTC HOARD • Stash: 45,659 BTC, $ 3.94B haul ? • Growth: 197% since Jan ‘24—22,065 bought ? • Bitdeer: $ 532M loss—ouch ? NASDAQ:MARA ’s stacking—rival’s stumbling! (5/9) – RISKS IN SIGHT • Costs: $ 127.4M energy, up 70% ⚠️ • Volatility: BTC swings sting ? • Halving: $ 64.2M output hit ? NASDAQ:MARA ’s hot—can it dodge the chill? (6/9) – SWOT: STRENGTHS • Haul: $ 214.4M, profit beast ? • Blocks: 25% more—mining grit ?️ • Hoard: $ 3.94B BTC—stack king ? NASDAQ:MARA ’s tough—built to last! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: Energy costs bite ? • Opportunities: BTC price, AI pivot—zing ? Can NASDAQ:MARA vault past the snags? (8/9) – NASDAQ:MARA ’s $ 214.4M Q4, what’s your vibe? 1️⃣ Bullish, $ 20+ stacks up ? 2️⃣ Neutral, Solid, risks linger ? 3️⃣ Bearish, Costs clip it ? Vote below! ?️? (9/9) – FINAL TAKEAWAY NASDAQ:MARA ’s $ 214.4M Q4 and $ 3.94B BTC pile stun—mining hauler Costs creep, but grit shines—gem or bust?
USDJPY Price Action: Sell cycle Tp@148.844 % bubble - Lunched from the base at 148.844 with the potential Trend shown in the chart. - Concerning the sell cycle scenario, I would wait to see the price interaction with the trend line which will indicates the start of entry zone for sell plan.
A huge up or a huge down for the further direction
The USDCAD currency pair intraday sentiment appears bullish, supported by the longer-term uptrend. The key trading level is at 1.4314. An overbought pullback from the current level and a bullish bounce back from the 1.4314 level could target additional upside resistance at 1.4368 followed by the 1.4400 and 1.4430 levels over the longer timeframe. Alternatively, a corrective pullback from the current levels and a confirmed loss of 1.4314 support and a daily close below that level would negate the bullish outlook opening the way for a further pullback and a retest of 1.4280 support followed by 1.4263 and 1.4212 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Hello guys its been a while since i made a post. This is my first post in 2025. i hope it finds you well. I have compiled a long term analysis for wave 1 to 5. Now we are in wave 5, the last lag to the upside.
In this update, we review the recent price action in the USDJPY, EURNZD, ETH, BTC & COIN and identify the next high-probability trading opportunities, price objectives, and invalidation points. To review today's video analysis, click here!