Titgarh may go to the garve with this H & S in the making.
Bitcoin's daily chart is showing continued bearish momentum after rejecting from the $106,099 resistance level and losing the critical $99,860 support. The price has now dropped below the 50-day moving average, which sits around $97,700, flipping this level into potential resistance. This breakdown suggests that the short-term trend has shifted bearish. The increasing sell volume accompanying the breakdown underscores growing bearish pressure, while the RSI continues to slide downward, indicating weakening bullish strength. Despite this, the RSI has not yet reached oversold levels, leaving room for further downside. Key support now lies in the $88,800-$90,600 zone, which has acted as a demand area in the past. If Bitcoin fails to hold this range, further downside toward lower support levels could materialize. To regain bullish momentum, Bitcoin must reclaim both the $97,700 50-day moving average and the $99,860 resistance. Until then, the market remains tilted toward caution, with downside risks still in play.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. https://www.tradingview.com/x/YIzK9tTV/ This is the NASDAQ 30-minute chart. This is the movement after the analysis article was written. During the blue finger short->long switching strategy, it did not rise to the short entry point, but reached the green support line in the 2nd section in the 1st vertical decline section. After that, as I explained, watch the movement from the bottom to the 3rd section. https://www.tradingview.com/x/ixqK5ScV/ This is the daily chart of Tether Dominance. If it is normal, It is impossible to break through the Bollinger Band resistance line, center line, and support line at once with one candle But since it is forcibly coupled to the Nasdaq movement, Please watch the detailed movement. If it is normal, Since only one daily candle is created per day, Until 9 AM tomorrow, Since Tether Dominance is attempting to break through the center line with one daily chart candle, There should be an adjustment at the current location or the next wave. Because, As explained above, In the case of ignoring the Bollinger Band center line with one daily chart candle, and reaching the resistance line at once, It is a movement that occurs only once or twice a year. https://www.tradingview.com/x/UtbzspWn/ This is the Bitcoin 30-minute chart. During the analysis, the Nasdaq vertical decline is in progress, and it is breaking the major drawing section in real time, so we will proceed without changing the strategy. Currently, the daily chart MACD dead cross is in progress for 12 hours, and unlike Nasdaq, there is still some room until the weekly chart MACD dead cross. Instead, Bitcoin created a daily chart today, and touched the support line first, so the downside is open, so it can fall strongly if it breaks away. The Nasdaq indicator will be announced at 10:30 in a little while. *When the blue finger moves, it is a short position strategy short->long->short switching strategy. 1. $96,446 short position entry section / stop loss price when red resistance line is broken 2. $94,410.5 long position switching / stop loss price when green support line is broken or section 2 is touched 3. $96,935 short position switching / stop loss price when light blue resistance line is broken After that, while maintaining short position, the final long switching strategy was to check MACD main signals and support lines. As you can see, it is being adjusted without the most basic short position entry point due to forced coupling with Nasdaq. In order for a vertical decline to occur, at least section 1 at the top -> 15-minute resistance that has not been touched even once today + 30-minute central line should be touched, but it is just falling. The reason why section 1 and section 2 at the bottom are marked is because of the connection. If there is a miraculous rebound from the current position, The blue finger movement path is valid. Since it is falling without touching the first section from the current position, the second section may be dangerous, and the bottom is where the Bollinger Band 12-hour chart support line + daily support line meet, and the point indicated up to 91.4K is the mid-term upward trend line. If you can somehow hold this point, you can take a breather from the long position. If the MACD dead cross pressure on the weekly chart progresses, it may continue to shake up and down or repeat adjustments for several weeks rather than rebounding. Please use my analysis so far for reference and use only, and I hope you operate safely with principle trading and stop loss prices. Thank you.
my next idea for bitcoin longs. juicy trades here lets see what btc does
https://www.tradingview.com/x/MDQfuWl3/ I have a Bearish Bias in play before the 07:00 Pre Session aiming to reach for the Fri 03 Jan 2025 at 21,144.25 and price could come as low as the 20,934.00 level which has the clean triple bottom SSL. The reason why I am Bearish is because price has made a recent rally into the D SIBI and found rejection at the 50% CE level on Mon 06 Jan 2025. Then on Tue 07 Jan 2025 price left that D SIBI to trade lower through the Volume Imbalance and into the discount wick of the candle from Thu 02 Jan 2025. Since it is a very heavy news release I do expect it to make a nice move lower since there is a bunch of SSL resting below the PDL's and price could reach as low as the discount D BISI 50% CE level at 20,871.25
#GBPUSD... market just reached at his one of the most importnat supporting area and if market holds that area in that case you can see again bounce from here. and keep in mind that area will be our cut n reverse area on confirmation. good luck trade wisely
btcusdt short results targets 1 2 3 DONE 663% lev x 100 132% lev x 20 Be a profitable trader But how? Develop a reliable strategy, Applicable to all assets, With a combination of indicators, With a money management dosage, With psychologist insurance. BECOME A GOOD TRADER IS NOT IMPOSSIBLE
Fortunately, Not has finally reached its final correction. So After reaching the actual price of $0.01, it reaches the second target of $0.012. The final target is $0.03. Let's be patient and not be afraid of the market decline, but enjoy and buy it.
https://www.tradingview.com/x/yoYa5hzc/ EURCAD formed 2 bearish patterns on a daily: first, the price violated a support line of a rising parallel channel, a neckline of a double top formation was violated then. It indicates a strong bearish pressure on the market. The market may reach 1.475 support soon. ❤️Please, support my work with like, thank you!❤️
#XAUUSD on retracment, price have been trying to hold bullish at 2656 which holds bullish breakout but firstly we wait for 2 times breakout above there to buy which will push it above 2672 for sell reverse, SL 2648.6, TP 2672. Below 2648.6 have strong bearish if the price breaks below.