CAKE 4h - NEUTRAL Im neutral from here for majority altcoins because tomorow we have Trump inauguration so, need to see what he will say about crypto. But on medium term, we are still inside a accumulation range.
Avax close to break out to $55 asymmetrical triangle pattern We are currently in an accumulation zone and the ascension should be fast based off a smaller market cap. 70% probability of a break out to the upside.
Gold has reached a significant resistance zone near $2,702, as shown in the chart. This level has previously acted as a strong barrier, and we can expect a potential short-term pullback from here. If the price follows this bearish move, it may target the support zone around $2,659–$2,640 before finding renewed bullish momentum. Once the pullback is completed, gold is likely to aim for the broader upside target of $2,800, aligning with the overall bullish trend.
Forming W partter. In terms of future predictions, various crypto analysts offer differing outlooks. Coincodex expects POL to reach $3.56 by the end of 2025, while Digital Coin Price forecasts a more modest rise to $2.84 in 2025, followed by growth to $3.87 by 2026. Changelly, taking a more conservative stance, predicts that Polygon could reach $2.01 in 2025 and climb to $3.10 by 2026.
Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
This week we will most likely see a bull run from BTCUSD As trump is being sworn in on 20th January, there may be some uncertainty in the dollar thus investors may jump over to bitcoin for safe haven Happy trading
I would only be adding positions at the bottom of this channel.
Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
As you can see, Bitcoin is about to close a weekly candle over the previous VSA resistance. $TRUMP token has also pushed bullish narrative onto public therefore I think that this correction is over. Next stop is around 127k and after that we should reconsider whether there will be continuation or that's it. https://www.tradingview.com/chart/BTCUSDT/53i99vFR-Bitcoin-long-awaited-correction/ https://www.tradingview.com/chart/BTCUSD/K0o3spLz-Bitcoin-halving-cycles/
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