I think eth dump to 2300 then upward to 8000 Because for fear in market and buy Walls
Volume accumulating, base being formed. Would expect a test of the levels above in the coming year.
As we all witnessed, BTC and the entire market had a sharp drop mainly because of the fear of a possible recession due to Trump's tariff war against multiple countries. Despite the dump, not all hopes are lost yet. In case BTC manages to cross above the dotted white line and then 109,580 level, higher targets are within reach and we can say the sharp dump which led to a 2-3 billion dollars liquidation, was actually market makers' trick to gather as much liquidity as possible to fuel the upward move. But if BTC crosses below the blue trendline and then the 89,000 zone, it will probably touch 81,900 - 84,400 zone and then the 73,000 zone. and this drop will be considered the retest of the 73,000 zone which was the ATH in the past. Given the price and vol divergence, this is a rather likely scenario.
xauusd 15min and 5min tine frame live trading tp complet executed perfectly
Die 4- jährige Widerstandslinie 2010-14 von Silber steht kurz vor dem Durchbruch ein grosse Bewegung 2025 halte ich für wahrscheinlich, die Aufholbewegung gegenüber Gold könnte Silver meines Erachtens über 50$ katapultieren!
An update on Liquidity in the Rocket Space. #ASTS the latest to take flight again after a big build in the underlying and tightening liquidity. OI in the NDM option matrix saw a very large roll off in OTM calls Jan17 OPEX, which were most likely sold covered calls hoping to wear OTM.
I'm paying close attention to price in this zone 1.24715 - 1.24533!
Analyzing the historical cycles of ETH/BTC, we observe a repeating pattern in Fibonacci retracements and price drawdowns: ? Cycle 1: Fibonacci retracement: 81% Price drop: 80% ? Cycle 2: Fibonacci retracement: 94% Price drop: 89% ? Projected Cycle 3: If ETH/BTC reacts to the Fibonacci retracement, it could find support in the 0.020 - 0.023 range. However, if the bearish trend continues, based on historical patterns, it may drop further to the 0.010 - 0.015 range. ETH/BTC is currently at a critical level. The key question is whether Fibonacci support will hold this time or if the historical downtrend will continue. ⚠ Disclaimer: This is not financial advice. Always conduct your own research and assess risks before making trading decisions. ? What’s your take? Will this pattern repeat, or will we see a different outcome this time? ?
Btc is forming a descending triangle that i think will bounce here... but for how long... i see upside potential to just before 100k i think bears will front run 100k and 99,8xx is about the highest we see before we get a flush this weekend... i really believe we see 89k in the not too distant future.. but as i always say... you can only chart until the next move so i will wait for the rejection at 100k and reasses my thought and trade plan... Always stick to your trade plan and follow best trading practices(why did you get into this trade, is your idea still valid, where are you cutting losses, where are you taking profits) all of these factors should be know at least to you before you enter the trade. Capital preservation is always the #1 key to making money.... Stay Green
After Yesterday's fumble, on to a new day. I will be looking for a pullback into support marked by the green lines. I was expecting price to retrace a bit more before it bounced but it seems the market decided to bounce yesterday at the weekly open. I can't argue with the market; I can only react to what it does. I am only interested in finding a buy trade inside of my support area and the next target will be a break of the highs. 720-820 area for support Next resistance is honestly not here. After the break of the prior highs, we are back into all-time highs and 46,000 is a target. https://www.tradingview.com/x/RKk1Bx7v/ Yesterday, I decided to try for a short trade back down into support. The trade went 275 ticks for me before rolling over. I am ok with that because my job is to just execute the trade and manage my risk. What the market does after my entry is out of my hands. The market decided that support was at 44,475 and bounced. https://www.tradingview.com/x/0RHqyYpX/ Scenario 1: Pullback into support https://www.tradingview.com/x/8cdTZvlt/ Scenario 2: Price just continues higher and breaks the high from here https://www.tradingview.com/x/Q1ntUoDA/ Scenario 3: Price continues, stopping at the highs, pulls back to 45,000 area for support and breaks the highs https://www.tradingview.com/x/b08MeZVa/