Hello Traders, A compelling pattern is forming for CRYPTOCAP:BTC . Considering how BTC interacted with the 50 day MA from November 2023 to March 2024, with BTC retesting at $40,000 in January and then surging to $73,000 in March, if history repeats, the 2025 bull run could potentially send BTC to $160,000 within three months. Technically, BTC broke through the 50-day MA resistance from above and from $48,000 it declined by 20% towards the 100-day MA trendline to have rest at $38,000. From the 100-day MA trendline, BTC then rallied by 90% all the way up to $73,000. If this historical move were to repeat, BTC would likely encounter the 100-day MA trendline to fall 20% at $85,000 before another 90% surge towards $160,000 ???. Play safe, #DisciplineWithStopLoss before you invest and keep close eyes on 50 & 100 day MA trendlines ? #ChartPatterns #SwingTrading #BTCUSD #PatienceIsKey #RektProofTrade #ProtectYourCapital
all You can see about scenarios are on the chart nut the important part of analyzing is optimistic or pessimistic about everything. but most important task of us i being Realistic. no matter price is at resistant or support
I see some negative strength from the chart. This will bring some corrective wave to crypto market. I would short the market. This wave can be the opportunity in february.
Until new fuel for growth appears, this pattern should be quite likely
Broke through and retests the triangle. Triangle target - $0.5
Formed a reversal pattern "double bottom", the price was pressed to the breakout of resistance on 4h and got a fix above the resistance. You can long to the marked targets
- The relation between SPX and PZZA is at one of the lowest since the IPO !!! - Yes we could go lower - RSI and MACD suggest the is it $30ish is our trough land *** Or this is irrelevant and we crash to 20ish !!!
Formed a box, wait for a breakout and consolidation and you can open a long position. Growth targets are marked on the chart.
Hello Everyone Here is My #Xauusd (Gold) Chart & It's Overview Today on 26th December 2024 The #Xauusd (Gold) currently running at 2627 and expected to considate between 2631 to 2018 until any break out appears My pivot point is 2618 If gold break it then It will hit first support 2608 to 2600 area And breaking first support will apply demand zone on gold which is 2590 to 2580 While if gold stay above to 2618 by closing h4 candle then it will go for our first resistance 2635 and 2645 definitely and breaking 2645 area gold will fly further for second target 2655 to 2665 and Demand zone 2690 to 2700 ?Key levels trend out look ?Pivot 2618 ?Resistance 2635 /2645 /2655 ?Support 2608/ 2600 ) 2590 ?Bullish above 2618 & 2630 ?Bearish below 2618 & 2660 For Further Gold Moment Don't forget to Follow Me . Please Support With Likes & Comments
As you can see in my opinion BTC will fluctuate in this area. The lowest part which indicates 70 until 85 k is the best area for buying.