Price showing signs of strong momentum. We look for the pullback to take the trade.
BTC/USD Analysis (Daily Chart - D1) Price Structure: - Bitcoin is currently trading at $96,884 , approaching a key resistance zone between $98,000 and $100,000 . This area has historically acted as a significant rejection point, as seen in previous candles with long upper wicks around this region. - The chart shows a clear rebound from the support zone around $90,000-$92,000 , where buyers stepped in strongly to prevent further declines. This movement validates the support as a critical level. - Overall, the structure presents a consolidation pattern within a broad range between $90,000 (support) and $100,000 (resistance) . Potential Scenarios: 1.Bullish Scenario: - If the price successfully breaks above the $100,000 resistance (confirmed by a strong daily close above this level), we could see a move toward higher levels such as $102,000-$104,000 , or even beyond. - An increase in volume during the breakout would be key to validating this scenario. 2.Bearish Scenario: - If the price fails to break the resistance and shows rejection through candles with long upper wicks or bearish patterns (e.g., shooting stars), we could expect a correction toward immediate support at $94,000 , or even a more pronounced drop toward recent lows at $90,000 . Key Indicators: - Volume : Currently low, suggesting indecision in the market. A significant breakout will require notable volume expansion. - Candles: Recent candles show solid bullish bodies, but the next sessions will be crucial to confirm whether buyers have enough strength to challenge the resistance. ? Key Levels: - Resistance: $98,000 - $100,000 - Support: $94,000 and $90,000 ? BTC/USD Fundamental Analysis Positive Factors: 1. Institutional Adoption: - Companies like MicroStrategy continue accumulating Bitcoin. Their recent massive purchase reinforces the long-term bullish narrative. - Institutional interest remains strong as Bitcoin solidifies its position as an alternative asset against inflation and global economic uncertainty. 2. Favorable Regulation: - In the U.S., there are expectations of clearer and more favorable crypto policies under the current administration. This could attract new capital flows into the market. 3. Seasonal Trends: - Historically, January has been a positive month for Bitcoin. Investors often reset their strategies after year-end tax-related sell-offs. Negative Factors/Risks: 1. Token Unlocks: - January is expected to see massive token unlocks across various crypto projects (approximately $7 billion in value). This could indirectly create selling pressure on Bitcoin as investors seek liquidity. 2. Global Monetary Policy: - The hawkish stance of central banks (e.g., the Federal Reserve) could limit flows into speculative assets like Bitcoin if interest rates continue rising. 3. On-Chain Activity: - While long-term holders are accumulating, on-chain data shows a decline in overall transaction activity. This could indicate reduced interest from retail participants.
Price showing signs of strong momentum. We look for the pullback to take the trade.
Hi guys, In this picture you can see USDT.D + USDC.D and I am drawing important support and resistance lines with Elliot Waves. We are now moving from Elliot wave 4 to 5. The last MOVE and after that we will see a HUGE-HUGE correction. What do I know from the history of crypto bull market? In previous bull runs, the reactions of altcoins depended heavily on which phase of the Elliott Wave cycle bitcoin was in, so early bitcoin cycles (2013, 2017, 2021). 1st wave (start of uptrend): Bitcoin dominates the market and altcoins are often flat. Capital flows mainly into bitcoin. Wave 3 (strongest bull run): Bitcoin attracts massive capital and altcoins stagnate or lose market share. Bitcoin's dominance typically increases. 5th wave (Final push): Bitcoin peaks and altcoins increasingly benefit, especially smaller coins. Example 2017: As bitcoin peaked, the altcoin season began (Ethereum, XRP and other major altcoins saw huge gains). ABC correction: Bitcoin starts to fall, but altcoins can benefit briefly before the entire market corrects. FOLLOW AND SHARE! I can make Video to explain more.
Leerverkaufsstrategie: Gold 2665-2670SELL, SL 2676, TP 2655-2645, brechen Sie die Position und schauen Sie sich die 2640-Linie an; Lange Strategie: Gold 2640-2642BUY, SL 2634, TP 2655-2665, durchbrechen Sie die Position, um die 2675-Linie zu sehen;
RBTC shows clear signs of a trend reversal with higher lows (HLs), indicating the downtrend is over. The current price is $0.085, sitting above very strong support at $0.065, making this an attractive entry zone. Today’s relative volume surge of nearly 900% and a rising OBV reflect strong accumulation. With no stop-loss needed (this is an investment idea), the first profit target is $0.34 (+400%). The company is undervalued with strong potential, supported by strategic investor Mizzen Capital LP holding 8.2% (5.65M shares) at an average price of $0.21. Long-term patience could yield substantial returns! ?
The GBP/USD pair remains firmly in a bearish channel, indicating a continuation of the downward trend. While a short-term retracement is possible, the overall sentiment remains bearish. Key Points: The price is trading near the lower boundary of the channel, suggesting potential temporary relief before resuming the downtrend. Resistance is noted at 1.2596, aligning with the upper retracement level of the recent move. Key support levels are identified at 1.2272 and 1.2079, which align with the channel's lower trajectory. Trading Plan: Consider selling rallies, particularly near 1.2596, if the retracement occurs. Target levels can be set at 1.2272 and 1.2079, with a stop-loss above 1.2596 for a risk-managed approach. ? "In a bearish trend, patience pays; trade with the trend, not against it."
Sell Bitcoin now, let this whale crash, and now everyone enters the sell-off!! Wish us luck
The AUD/NZD pair is trading within a clear ascending channel, signaling bullish momentum. The price is approaching the upper boundary of the channel, where further upside movement could be anticipated. Key points to consider: The pair has maintained a consistent upward trend, respecting the channel boundaries. Current resistance is near 1.1125, with the next target at 1.1166, aligning with the upper channel limit. Immediate support lies at 1.1066, just below the lower range of the current price action. Trading Plan: A buy setup looks favorable, targeting 1.1166, while keeping the stop-loss just below 1.1066 for proper risk management. Monitor for signs of rejection near the resistance zone for potential profit-taking or a reversal opportunity. "Following the trend within the channel can often yield steady gains, provided risk is well managed."
Current Position: We’re nearing the end of a lower wave 3, based on previous price reaction at key Fibonacci levels (0.886) for 2nd Waves / Running Flat Bs. Price Action: Good reaction of the middle line of the parallels channels, with bullish impulsive. Correction Target: Expecting price to correct to key support levels, around 109 and 109.075. If price drops below 108.473 (previous low), my bearish thesis will be invalidated. Stay tuned for further updates! ?