This forecast is based on cyclical patterns that aim to identify potential price reversal TIMES only. The indicator does not predict exact price levels or direction of movement.
Description: This trade setup presents a Bitcoin short opportunity on the 4H timeframe using the Smart Money Concepts (SMC) framework. After a significant reaction from the supply zone, Bitcoin's price structure aligns with bearish confluences, signaling potential downside. Additionally, external events, such as the recent announcement of China's AI application "DeepSeek," may have amplified market volatility, further supporting the setup. Trade Setup: Entry: Between 103,300 and 104,500 Take-Profit Levels (TP): 101,897 99,825 97,565 95,208 Stop Loss (SL): Above 105,975 Analysis and Confluences: Market Structure: Bitcoin remains in a bearish trend on the 4H timeframe, with consistent lower highs and lower lows. Supply Zone: The price is entering the 103.3k–104.5k supply zone, a key resistance area where sellers are expected to dominate. Fibonacci Confluence: This zone overlaps with the 0.618–0.786 Fibonacci retracement levels, a high-probability reversal area. Liquidity Sweeps: Liquidity above previous highs has been swept, leaving the path clear for potential downside. Bearish Targets: The targets align with previous demand zones and liquidity pools at 101,897, 99,825, 97,565, and 95,208. Trade Plan: Confirmation: Wait for bearish price action signals or smaller timeframe BOS (Break of Structure) within the supply zone before entering. Risk Management: Adjust position size to keep risk within acceptable levels. After reaching TP1, move your stop loss to breakeven and secure partial profits. Final Note: While bearish bias dominates, unexpected macroeconomic events can cause reversals, so use tight risk management.
Ethereum is currently forming a textbook bullish flag pattern on 1D the chart. This continuation pattern typically indicates the potential for further upside after a strong preceding rally. Key Features of the Pattern: A strong upward impulse wave forming the "flagpole." A consolidation phase with parallel, downward-sloping trendlines creating the "flag." Current Analysis: Ethereum is trading within the flag's channel, suggesting healthy profit-taking and indecision among traders. Volume is decreasing during the consolidation phase, aligning with the classic characteristics of a bullish flag. A breakout above the upper trendline, confirmed by increased volume, could signal the continuation of the prior uptrend. Potential Targets: Using the height of the flagpole as a projection tool, Ethereum could aim for the 4000$ level upon a successful breakout. Note: This pattern does not guarantee an upward move, and traders should consider other factors, such as market sentiment and macroeconomic events. Always practice proper risk management.
I realize that this one may be too late, but I went long NASDAQ:BITF at the close today. I can't resist a sale on miners, and while Bitcoin was down hard today, it was in sympathy with the market and not because of Bitcoin "fundamentals", such as they are (or aren't. With BITSTAMP:BTCUSD down less than 2% and this one down 14%, and all the HODLrs are whining about manipulation, I see a bargain thanks to those short sellers that jump on the miners hard when things get tough for $BTCUSD. Those short sellers eventually cover and juice it back in the other direction excessively when they do. I am intentionally providing a naked chart and no discussions of hashrates or server farms specifically to irritate my favorite troll because it makes him ? (as if the price action of the miners that he HODLs so dear didn't already do that). None of that stuff matters to me anyway - the algo rules this quick (ideally) in and out trade. The carnage may well not be over yet, but if it is this one could pop big tomorrow, so that's the only premise for this trade. Sadly, it's already trading up a few percent after hours, and depending on what BITSTAMP:BTCUSD does overnight, it may not see 1.40 again before this trade closes. I wouldn't recommend reaching for this, as the short term downside risk is real depending on what the market does tomorrow. This one may not be the 1 day reversal win I always hope for, but I think this is a very overdone selloff. It may continue for a day or two, but it could also rebound 5 or 6% tomorrow, so count me in. I am prepared to weather the storm however, as surely analysts will look to vocally cover their ass3s now that Wall Street's darling has become the Flavor of the Weak (shout-out to American Hi-Fi). There are few stocks that people get so wildly over-optimistic and wildly pessimistic about as this one, and that is an opportunity, in my mind. It held 117ish support and has more below that, but this move today definitely did technical damage that will take time to repair. And if the DeepSeek news is legit (consider me still a skeptic) it could do damage here fundamentally long term. The fact is, though, DeepSeek is still running on NVDA chips, not someone else's. Just maybe not as many or as powerful. That's a real concern - or should be if DeepSeek is legit. Even if it is, though, this trade is all about stocks not moving in straight lines up or down. I'm confident I'll make money whatever direction it moves - but up tomorrow would certainly make that job a lot easier. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Btc has broke the range in 4 hour time frame and closed retracing towards liquidity for the next possible move there is various confluences can let btc decline for a while.
mkr usdt daily analyses time frame daily risk rewards ratio>8 maker is a good asset which I have in my watchlist chart is clear we have a Descending triangle and price is ready to pump and reaches my target on 1734$ we have a very important event on Wednesday and all of traders and investors are waiting for that news. I guess that we will have a good news but also I am ready for everything my LS is very tight and I am online 4hours before of event to watch closely and carefully
XRPUSD is trading inside a Channel Up and amidst today's market bleeding, it almost touched its 1day MA50. This trendline has been supporting since the November 7th 2024 breakout, which was after the U.S. elections. Technically this is the first buy entry for the remainder of the Bull Cycle and the last one is on the 1day MA100. If the Channel Up continues sideways before it breaks, then the 1day MA100 should be tested. Otherwise, we may see an immediate break out. The 1day RSI however is so far similar with the July - October 2024 consolidation, which favors a little more the probability of a 1day MA100 test. In either case, the technical long term target is the 2.0 Fibonacci extension at 17.00. Follow us, like the idea and leave a comment below!!
Sells on #bitcoin low time frame, expecting to take sell side beforeore upside continuation
⚪️ NVDA Another example of traders getting trapped at the high. ⚪️ Also a prime example of traders entering pre 150 break. We don't need level 2 data to know how HUMANS WILL ACT. HUMAN BEHAVIOUR IS PREDICTABLE. ✅️That is an edge we can use too................ ? Every trend starts with a breakout and yes if you take everyone you will never miss the NEXT BIG MOVE BUT..... ? By doing so you will inevitabley give up a high win rate, and the fact is that most humans would rather be RIGHT than make MONEY. ⭐️THAT IS JUST SIMPLE HUMAN BEHAVIOUR.⭐️ IT'S STRANGE BUT TRUE⭐️ ?Most traders would rather sacrifice more profit for a HIGHER WIN RATE? Some of the most PROFITABLE TRADERS & INVESTORS in the WORLD have a WIN RATE BELOW 50%.❕️ ❗️LET THAT SINK IT...❗️ ⚠️ ?SeekingPips? SAYS SAVE THIS GOLD LESSON NOW YOU CAN THANK ME LATER⚠️
NASDAQ:NVDA had a very bad day today with more than 550 billion $ Market Cap destroyed. This is one of the worst days for NVDA since March 2020. The 200 Da SMA price was 122 $. NVDA closed @ 118 $. This makes it a daily close below the 200 Day SMA. There might be some more downside and sideways movement before it starts a bullish upward trend before its earnings release on Feb 26. 6-12 Months down the line this might be one of the best buying opportunities. Long NVDA 110 $ - 120 $.