Hi, traders. I’ve just taken this trade on Ethereum as I’m spotting a clear Bullish Flag pattern on the 1-hour timeframe. After a strong drop, the price started consolidating within this channel, respecting the trendlines. My entry is at $2,620, anticipating a breakout to the upside. My initial target is around $2,932, which aligns with a key resistance level, and my stop loss is set at $2,598, just below the support zone, where the pattern would be invalidated. The RSI is also supporting this setup, sitting around 40, indicating there’s still room for an upward move if the breakout happens. Will this scenario play out? Let’s see! If you have any comments or want to share your analysis, feel free to drop them below. Good luck with your trades! Disclaimer: This is not financial advice. Trading involves risk, and you should only trade with money you can afford to lose. Always do your own analysis before entering any trades.
In this description I explain key targets for entry
Using a confluence of Resistance above: The Golden Pocket, the horizontal s/r level, clear Downtrend vs CRYPTOCAP:BTC too. Will update the reasoning properly soon, stay tuned
Looks to be moving out of a falling wedge on some nice volume. Looking long here to 3$+
**BTC/USD Overview** **Current Price:** $97,000 **Market Cap:** $1.91T **24h Volume:** $53.95B **All-Time High:** $109,356 (Jan 20, 2025) **All-Time Low:** $0.04865 (Jul 14, 2010) **Major News** 1. **Bitcoin Monthly Close:** BTC/USD achieved its first six-digit monthly close ever at $102,400 on Jan 31, 2025. 2. **Institutional Activity:** Coin base registered a net outflow of over 15,000 BTC, hinting at major institutional purchases. 3. **US Economic Data:** The upcoming NFIB Small Business Optimism Index and Bureau of Labour Statistics reports on productivity and labour costs are crucial for gauging US economic strength. 4. **FTX Repayments:** FTX's upcoming repayments to creditors starting on February 18 could bring volatility for Bitcoin prices. **Insights from Top Traders** 1. **Cassian Drake:** Suggests potential for BTC to make one last push up to $111,000 before a possible bear market. 2. **Grandmaster Oz:** Warns of potential negative impact from US political developments on crypto. 3. **Michaël van de Poppe:** Remains confident in the longer-term picture despite short-term volatility. 4. **PlanB:** Indicates that BTC is in the most intense phase of its price cycle. **Guidance on Moving Forward** 1. **Watch Key Levels:** Keep an eye on the 0.618 Fibonacci retracement level at $96,686.26. 2. **Stay Informed:** Monitor US economic data and political developments for potential impacts on BTC/USD. 3. **Risk Management:** Ensure proper account risk management and leverage trading knowledge. **Predictions for Next Week** 1. **Potential Upside:** February is traditionally one of Bitcoin’s best-performing months, with average gains of 14.4%. 2. **Volatility:** Expect volatility due to FTX repayments and US economic data. 3. **Support Levels:** Watch for support at the $96,000 level.
Introduction: The MIL:ENA token is fundamentally one of the relatively good currencies in the market. Therefore, it can be beneficial for long-term investment. However, buying at these prices is not recommended for the long term, and in the next season of the market, as we enter the cryptocurrency winter, an updated analysis for accumulating this token will be provided. Of course, many fundamental issues in the entire crypto market may undergo unforeseen changes, so discussing the distant future is not very logical. Short-term analysis: I strongly believe that in the coming days, the price will reach $0.572, which represents about 14% profit. However, from there, it is likely that the price will be pushed back and revert to lower levels around $0.3895. Mid-term analysis: There is a high probability that if the market wants to correct, the price could even see lower levels around $0.3012. I guess the market can be well supported and rise from this price. If a fear atmosphere prevails in the market and negative news for altcoins is presented doubly, reaching a price of $0.2356 is not out of reach. In my opinion, if you intend to purchase this currency during the upcoming alt season, place your first buy step around $0.3012 and your second buy step around $0.2356. I recommend just these two steps. Buying at higher numbers does not seem logical from my perspective. Also, allocate a larger percentage of your purchase to the second step. It should be noted that this analysis is suited for a trader with a medium risk profile in this market. If you are more optimistic about this market, you can make your purchases at higher levels. At the end, I would be pleased to receive your valuable comments regarding the price movement in this chart below this analysis.
The CADCHF pair has initiated a strong upward move following news about economic tensions between the United States and Canada. Prices are now reaching a major resistance zone between 0.6366 and 0.6407, suggesting a potential short-term correction. The 0.6300 level remains a reasonable target in this setup, although confirmation is still needed before taking a short position on this asset. The 0.6270 level, which corresponds to the 0.618 Fibonacci retracement, also represents an interesting profit-taking area.
Fei-Fei Li, the Stanford computer scientist and startup founder sometimes known as “the Godmother of AI,” has outlined “three fundamental principles for the future of AI policymaking” ahead of next week’s AI Action Summit in Paris. First, Li said policy must be based on “science, not science fiction.” In other words, policymakers should focus on […] © 2024 TechCrunch. All rights reserved. For personal use only.
Amazon Prime Gaming im Februar mit BioShock Infinite, Deus Ex: Human Revolution, The Talos Principle und einem hervorragenden Shmup. Außerdem erwarten euch Deus Ex: Human Revolution, Hardspace: Shipbreaker sowie ein hervorragendes Shmup.
Wolfenstein: Youngblood reviewed by Dan Stapleton on PC. Also available on Xbox One, PlayStation 4, and Nintendo Switch. Read the full review on IGN: https://www.ign.com/articles/2019/07/25/wolfenstein-youngblood-review Verdict Wolfenstein: Youngblood is an aggressively okay co-op shooter that doesn't come close to recapturing the joy of its predecessor's action or its surprisingly interesting characters and story. It doesn't completely fumble the fun of its weapons and abilities or counteract the pleasing sensation of squishing Nazis between your toes, but it does make it harder to enjoy at seemingly every turn with an out-of-place leveling system, busted stealth gameplay, some aggravating boss fights and inadequate checkpoint saves. Frankly, I expected more from the Blazkowicz twins.