1-BTCUSD
'TON/USDT BREAKOUT IMMINENT! 3X POTENTIALLY AHEAD! Analysis of TON/USDT chart:
Important Points to Note:
Overview of the Trend:
As evidenced by the significant gain and subsequent correction early in the year, TON showed considerable upward momentum.
At the moment, the price is above the 200-day EMA (red) and the 50-day EMA (yellow), indicating a bullish bias.
Levels of Support and Resistance:
Key support levels are $4.530 and $5.257.
The present level of $5.965 and $6.882 are immediate resistance levels.
There would be more upside potential if there was a breakout over $6.882, perhaps aiming for the prior high around $8.
Analysis of Volume:
The current spike in volume suggests that there is increased interest in buying, particularly following the consolidation phase.
Given that the volume is over average right now, the positive trend may continue.
RSI Analysis :
The RSI is showing neutral momentum as it hovers close to the 50 level.
A break below 40 RSI could render the upward momentum worthless, but a move above 60 RSI would verify a strong bullish trend.
EMAs, or exponential moving averages,
There appears to be short-term positive momentum since the price is above the 50-day EMA ($5.855).
The bullish trend is reinforced by the 200-day EMA ($5.662), which acts as a key dynamic support.
3x Potential Outlook: The price would have to hit about $18 in order to provide a 3x return.
Among the catalysts for this action are:
Rise above $6.882: If this level is decisively broken, a surge toward $8 and above may be sparked.
Long-term volume growth: The increasing trend would be maintained if there was a persistently strong buying volume.
Market sentiment: TON may follow if there is upward momentum in the larger cryptocurrency market.
Hazards to Take Into Account:
The bullish argument would be refuted with a breakdown below $5.257, which would signify negative momentum.
The performance may be impacted by unfavorable news or macromarket conditions.
Approach:
Entry Point: With a tight stop-loss at $5.25, think about building up around $5.85 to $5.90.
Targets: $6.88 for the short run, $8 for the midterm, and $15–$18 for the long term.
Risk management: To protect profits during a breakout rally, use a trailing stop.
BTCUSDT Analysis: Be Patient for a Better Long EntryIf you're considering a long position on Bitcoin, ensure you do so from a significant level . As highlighted in all my analyses, the market is currently riskier than it appears . Nevertheless, if you're determined to go long, it’s worth waiting for the blue box to be tested.
Key Points:
Current Risk: The market is riskier than it may seem, so caution is essential.
Blue Box Zone: A key level for potential long entries, providing better risk-reward opportunities.
Confirmation Indicators: Use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks in lower time frames for validation.
Learn With Me: If you want to learn how to effectively use CDV, liquidity heatmaps, volume profiles, and volume footprints to identify high-value demand zones, feel free to DM me.
Reminder: Always manage your risk and wait for confirmation before entering a trade.
If this analysis helps you, please don’t forget to boost and comment. Your support motivates me to share more insights!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
The idea on BTC worked as expected, and now there is a patternThe market gifted us a 6% rebound in just one day. However, we are now observing a pattern formation, signaling consolidation and hinting at a potential huge impulse ahead. But which direction? It’s hard to determine at this moment. While fundamentals and trends suggest further growth, many traders are sitting on significant profits, waiting to see how others react.
The previous idea played out well, but that narrative seems complete now. For the next move, patience is key. Entering a trade at this stage is controversial, as the impulsive pattern formation indicates the market could break in either direction. Stay cautious and watch for confirmation before making a move.
Yours sincerely,
Mister iM
IBITUSDT Analysis: Red Box Breakout PotentialIn IBITUSDT, the red box signifies a critical resistance zone. If price breaks and retests this level, it may present a long entry opportunity . That said, my overall expectation is for the correction to deepen further before significant upward movement.
Key Points:
Red Box Resistance: Monitor for a breakout and retest to confirm a potential long setup.
Deeper Correction Likely: Current market conditions suggest the correction could continue before recovery.
Confirmation Indicators: I will utilize CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks in lower time frames to validate entries.
Learn With Me: If you want to understand how to leverage CDV, liquidity heatmaps, volume profiles, and volume footprints for accurate market analysis, feel free to DM me.
Reminder: Always manage your risk and look for confirmation before taking any trades.
If this analysis helps you, please don’t forget to boost and comment. Your support inspires me to share more valuable insights!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Market Anomaly Detector (MAD) Performance (PAID)The chart showcases the performance of our Market Anomaly Detector (MAD) indicator on the Bitcoin/USDT pair using a 15-minute timeframe. This indicator is designed to identify significant price anomalies, reversals, and trend continuations based on statistical and momentum analysis.
Key Features Demonstrated:
1. Anomaly Zones:
• The background highlights Bullish (green) and Bearish (red) anomaly zones, where price deviates significantly from expected levels.
• Neutral zones (gray) represent expected price ranges, allowing traders to anticipate consolidations or trend reversals.
2. Buy/Sell Signals:
• Buy signals (green labels): Appear when conditions confirm a reversal or continuation of a bullish trend.
• Sell signals (red labels): Indicate bearish momentum with strong confirmation of a downward trend.
3. Dynamic Price Bands:
• The upper and lower bands act as dynamic resistance and support levels, providing early visual cues for potential reversals or breakout zones.
4. Signal Accuracy:
• The chart demonstrates how the indicator filters false signals by employing conditions like RSI confirmation, Z-Score thresholds, and volume validation.
• Signals appearing on confirmation candles ensure stronger reliability and avoid premature entries.
"Buy high, sell low" BTC price expectation in the next 4 years Many of traders probably have came across this phase "buy high, sell low". It's a joke spinning from the correct way of trading - "buy low, sell high". However, it seems that is what I was doing early on my trading. There is another one when I buy and the price seems to always drop, and when I finally sell, the price climb to a new ATH. It is odd that many trader can relate to this. As I got more experienced in trading, I have learned that trading is all about the timing and preparation. My timing was off, therefore I was not prepare. Luckily the macro cycle of BTC and crypto in general is very predictable. This makes the timing easy to be recognized and make the preparation easy.
I have experienced 3 of the BTC halving and Alt coin seasons. Every 4 year, BTC halving occurs (google if you dont know, it's very important) and several months later BTC price climb and surpass the ATH. This exact event had occur many times on: 2012, 2016, 2020, and now 2024. After breaking the ATH, the BTC price becomes stagnant, which starts the Alt coin season, then become extremely violetlike, drop and crypto winter begins. This is the pattern that I have recognized and learn so that I can prepare myself to maximize profit.
"The past event may not occur again and should not be used to predict the future". This phase haunts me before I finally took the leap of faith. During the crypto winter of 2019 and covid, I had predicted that if the covid panic did not bring BTC down to zero, its going to bounce back up and break its ATH after the halving. Surely enough it did. Unfortunately, I had only bagged a small amount of BTC. Then I sold during the declining of the first pump in the early 2021. The lesson I learn here is that selling is much harder than buying. It is because I held the bag since covid, felt like I was married to them, while worry about if I had sell them at the best value. Even if I had sold on the down trend, I made nearly 8X.
Different level of preparation went into this 2024 BTC cycle, I had bought some BTC in 2022, 2023, before and after the FTX went bankrupt. I had DCA through out the crypto winter. This time I was ready. Interesting thing about this cycle was my timing felt.....off, it felt like I was just throwing money into endless pit. Then it finally clicked, this was the buyers' market, and buyers want to buy BTC at the lowest price possible. While, everyone is selling to get rid of the BTC, I will keep on buying. By no means this feel good at all, seeing your investment just decrease over time. Then 1 day, the negative return became positive. It was a moment of euphoria and relief. Lesson learn from the previous time about selling, I set a target for BTC price at 100K, once BTC reach 100K - sell. So I did. I anticipate this cycle ATH will be around 100-110K.
Some crazy events will occur again, I dont know what it is but it will.... then BTC price will drop in 2026-2027. Some time between these two years, it is the best time to purchase. I anticipate that the cycle low will be around 20K to 35K. The halving will occur in 2028, then by the end of the year it will pump. I will update when purchase starts, see you in 2026
Are we ready for the rise in the price of Bitcoin?The answer is yes
We are repeating history...
There are less than 60 days left until the breaking of the previous ceiling and then the price increase to the desired ranges in the Bitcoin chart.
After 1 year of effort and study, I found out the method of seeing the chart, I did a lot of trial and error, but now I am ready to make the best predictions in the world....
I am Ehsan Chegani from the beautiful country of Iran and I must tell you that the price ceiling of Bitcoin will be set in 2025 and the price will increase to the range of 220 thousand dollars.
The altcoin party will start in 3 months and eventually the price of many altcoins will see new ceilings, but there will be no news of significant progress in the market until the next 2 months...
During these 2 months, I buy more bitcoins and altcoins with every price drop... how about you???
Number 1: The US government will support Bitcoin.
Number 2: Little by little, I am preparing my hardware wallets to be ready to convert bitcoins to dollars and exit the market.
Number 3: The price has reached its ceiling and I am selling.
Bearish reversal?The Bitcoin (NTC/USD) is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support.
Pivot: 99,238.95
1st Support: 94,532.95
1st Resistance: 102,235.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BNB goes to $1,000 ?Through the ups and downs , all we see is BNB maybe one of strong crypto coin that still having pretty solid supporters.
Now (Dec 25th 2024) we're still hovering near resistance level $700-$750.
Look at XRP , BGB, and other coins that been through long long long time in sideways , we should suspect that BNB will soar high anytime soon!
BNB $1,000 is real ?
Interpretation of 50 MA (Moving Average) on Chart
The 50-day moving average (MA) (red line in the chart) is a widely used indicator that helps identify the trend direction and acts as a dynamic support or resistance level. Here is how it applies to the current chart:
Current Overview:
Support Role:
The 50 MA is closely aligned with the green support area, reinforcing this level as a strong dynamic support.
The price has historically respected the 50 MA as support, evidenced by previous bounces near this level.
The upward slope of the 50 MA indicates that Bitcoin is still in a bullish trend on higher timeframes.
The bullish structure remains intact as long as the price stays above the 50 MA.
The convergence of the 50 MA with the green horizontal support area (~$92,500–$95,000) adds significant strength, making it a key level to monitor for a potential bounce.
Bullish Case:
If the price is above 50 MA, it could act as a launching pad for the next upward move.
A bounce off this level could target the $102,500 or $110,000 levels.
Bearish Case:
A breakdown below the 50 MA and the green support area could signal a trend reversal or a deeper correction.
The next support after this would be at $85,000–$90,000 or the lower range around $77,500.
Key Points:
The 50 MA is a crucial support level at the moment. Traders should closely monitor price action near this level. A strong bounce could confirm a bullish continuation, while a breakdown could indicate increased selling pressure.
Let me know if you would like further clarification or additional analysis!
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
DYOR, NFA
@Peter_CSAdmin
Example of how to trade without chart analysis
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Since the coin market can be traded 24 hours a day, 365 days a year, gaps do not occur as often as in the stock market.
(However, gaps may occur frequently in exchanges with low trading volume.)
In any case, I think that these movements provide considerable usefulness in conducting transactions.
Sometimes I told you to buy when the price drops by -10% or more.
Today, I will tell you why.
--------------------------------------
In order to trade, you must have basic knowledge of charts.
Otherwise, you are likely to conduct transactions incorrectly due to volatility.
However, such cases are less common in the coin market than in the stock market.
One of the reasons is that the current coins (tokens) are not being used for actual business purposes.
So, I think there are quite a few issues that cause volatility other than charts like stocks.
-
If the price falls one day and falls by about -10% from the high before a new candle is created, I buy.
The next day, if it falls by about -10% from the high again, I buy again.
When it falls by about -10% like this, I continue to buy in installments.
That's why I need to adjust my investment ratio.
-
If I buy like that, there will come a point where my price rises more than the average unit price.
In that case, when I'm making a profit, I sell the amount corresponding to the purchase principal in installments and leave the number of coins (tokens) corresponding to the profit.
If you want cash profit, you can sell a certain portion in installments.
Also, on the contrary, when it rises by about +10%, we proceed with a split sale.
-
As shown in the example chart, you can see that there are not many cases where it rises by -10% or +10%.
However, since it occurs more often in the case of altcoins than in BTC or ETH, you should pay special attention to adjusting your investment ratio when trading altcoins.
That is why you must check the price fluctuation range 1-3 hours before a new candle is created on the 1D chart.
This method is a method that can be traded even if you lack knowledge about charts.
If you let go of your greed a little and have the ability to split sell when you are making a profit, you will be able to meet the moment when a crisis becomes an opportunity.
-
Thank you for reading to the end.
I hope you have a successful trade.
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Bitcoin Short - Final Squeeze?Negative ETF Inflows and positive ETF Outflows. We go after data right? I'm bearish until ETF data prooves otherwise. Which level will be the final one? I'm deciding on speed and time above 100k. For now target is 104-105.5. If we hover around several days at 100k without hitting any, I'm more into the 103 lvl.
Post-Holiday BTC Rallies: A Historical PerspectiveIdea:
Over the past six years, Bitcoin has exhibited a fascinating pattern: post-Christmas rallies. Let’s dive into the data and analyze what this could mean for the market this time around.
Historical Context:
In 5 out of the last 6 years, Bitcoin has seen significant gains shortly after the holiday season, with price increases ranging from 44% to an astonishing 272%. These rallies have been a consistent part of Bitcoin’s cyclical behavior, making them an exciting opportunity for traders and investors.
Key Observations:
2017/18: BTC rallied over 272%, marking the peak of an explosive bull market.
2019/20: A solid 44% gain during the recovery phase from the bear market bottom.
2020/21: Post-pandemic bull run fueled a 122% surge as BTC climbed to new highs.
2021/22: A rally of 90%, driven by retail and institutional adoption.
2022/23: Another impressive rally of 72% as the market recovered from a bear cycle.
The only exception? 2018, the first phase of a brutal bear market, when market-wide sentiment was overwhelmingly bearish. This highlights a crucial insight: rallies are far less likely during early bear phases.
What About This Year?
📊 Cyclicality is Key: Bitcoin’s price action has always been heavily influenced by cycles. With the market in a recovery phase following the 2022 lows, we could be on the verge of another post-holiday rally.
📈 Factors to Watch:
Macro Sentiment: With inflation stabilizing and global markets recovering, Bitcoin is regaining strength.
Institutional Interest: Continued interest in BTC ETFs and large-scale adoption could fuel upward momentum.
Cyclical Patterns: The historical consistency of these rallies cannot be ignored.
Possible Scenarios:
1️⃣ Bullish Case:
If history repeats itself, we could see Bitcoin post significant gains over the next few months, potentially targeting new highs in 2025 as part of the broader bull cycle.
2️⃣ Bearish Case:
If macroeconomic factors or unforeseen events trigger a pullback, the rally might be subdued, or Bitcoin could enter a consolidation phase.
Why This Matters:
Understanding these cyclical patterns can provide a major edge for traders. The post-holiday season has been a lucrative time for Bitcoin in the past, and recognizing these opportunities could make all the difference.
What are your thoughts? Will Bitcoin repeat history this year? Or are we in for a surprise? Share your ideas below!
Year 2025 and Beyond: Where to Place Your Bets?S&P 500:
US indices may continue their upward trend until the first quarter of 2025. The ultimate target appears to be above 6300, where they may peak and begin a significant correction. A global stock sell-off could potentially trigger a stock market crash similar to that of 2008.
India's Nifty 50:
India's Nifty 50 may find support around the 23,000–22,700 range and resume its upward movement in the final fifth wave, targeting a peak near 29,000. The Nifty 50 is likely to follow a trend similar to the S&P 500. The bullish cycle that began in 2009 is expected to conclude near the 29,000 level. Subsequently, a significant sell-off in Indian indices could trigger a major bear market, potentially erasing up to 50% of market capitalization from its peak.
Gold:
Gold may continue its consolidation for another month or two. A final surge toward the $3,000–$3,100 range is expected to mark the end of the rally that began in December 2015 at the $1,050 level. However, the bear market in equities is unlikely to spare even the perceived safe haven, leading to a pullback in gold prices as well.
Brent Crude:
Since March 2020, Brent crude experienced a remarkable rise, surging from $15 per barrel to $139 per barrel by March 2022. Over the past 33 months, it has already corrected by more than 47%. Brent crude is still expected to decline further, potentially reaching $50 per barrel within the next 3 to 6 months. However, the current inflationary trend could drive Brent prices beyond $160 per barrel later in 2025, before eventually succumbing to a deflationary trend that may persist for several years.
US Dollar Index:
The US Dollar Index peaked at around 114 in September 2022. Since then, it declined to 100 by July 2023 before starting to rise again in a corrective A-B-C pattern, forming part of a larger (A)-(B)-(C) decline. The Wave C of (B) is expected to conclude near 109, followed by another decline toward 98 by the first half of 2025. However, a renewed bullish trend in the US Dollar Index could reinforce the "Cash is King" narrative during a global equity market downturn.
USD/INR:
The bullish trend in USD/INR, which began in January 2008 at the 39 level, has seen the Indian Rupee weaken by over 60% against the US Dollar over the past 17 years. In the short term, USD/INR may peak around 86. However, the Rupee is likely to weaken further, reaching 90 against the US Dollar by the second quarter of 2025.
US Govt. 10 years bond yield:
The long-term yield on U.S. Government 10-year bond's yield indicates rising interest rates for this decade. In the short term, the yield may ease to 3%-2.6% by the second quarter of 2025. However, fears of a U.S. Government default could push the yield to 10% or higher over the next couple of years. The "Bond Ghost," along with a global equity rout, may haunt investors again in 2025-2026.
Bitcoin (BTC):
Bitcoin's bullish trend may continue until the first quarter of 2025, albeit at a slower pace. BTC still has the potential to reach around $115k-$120k, concluding the bullish run that began in November 2022 from the level of $15,500. Over the past decade and a half, BTC has significantly outpaced any other asset class globally. However, global risk aversion, which may start with an initial global equity market sell-off, could pause Bitcoin's bullish journey for the rest of 2025. Before the end of 2025, BTC might lose up to 50% of its value from its peak.
In the longer run, however, BTC has the potential to become the most valuable asset class globally, even after experiencing a 50% erosion in its value.
Timelapse of ETH's Daily ActionTimelapse of ETH's Daily Action 🎥📉" Post: "See how ETH's daily price action played out in this timelapse! 🌟
📍 Annotated with crucial support and resistance levels.
🔎 Were these levels respected or ignored?
Dive in and comment your analysis below! #ETH #Crypto #Trading"
ETH Daily Action Levels Annotations
Highlight key support and resistance zones.
Annotate consolidation areas to identify possible accumulation or distribution phases.
Mark breakout or breakdown points, especially where trends began or ended.
Timelapse of BTC's Daily ActionBTC Daily Action Levels Annotations
Highlight major support and resistance levels in the timelapse.
Annotate key pivot points where the price action reversed or consolidated.
Mark critical breakout and breakdown levels with arrows or boxes to emphasize their impact.
"Timelapse of BTC's Daily Action 🎥📈" Post: "Watch BTC's daily price action unfold in this timelapse! 🚀
📍 Key levels annotated to showcase their significance.
🔍 Did the market respect these levels, or did it break away?
Share your thoughts below! #BTC #Crypto #Trading"
BTC is approaching the 99,000 resistance zone,BITSTAMP:BTCUSD BTC is approaching the 99,000 resistance zone, where selling pressure could emerge. If this level holds, the downside target remains at 86,000, which aligns with a significant support level. Keep an eye on price action and momentum indicators for confirmation before entering a position.
Entry Position:
- **Sell Entry:** Around 98,900–99,100 (to account for potential resistance zone fluctuations).
Stop Loss:
- **Stop Loss:** 99,600 (above the resistance zone to manage risk).
Target:
- **Take Profit:** 86,000 (key support zone).
Risk-Reward Ratio:
- Ensure the risk-to-reward ratio is at least 1:2 to maintain a favorable trading setup. Adjust your position size accordingly.
Keep monitoring for bearish confirmation signals (e.g., rejection wicks, bearish divergence, or a breakdown of intraday support).
Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast: (Daily TF)
73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
A trough is formed in daily chart at 92424 on 12/23/2024, so more gains to resistance(s) 99607, 102700, 108293 and more heights is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (94200 to 92231). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (94200)
Ending of entry zone (92231)
Take Profits:
99607
102700
108293
110000
115000
118281
120000
125000
130000
134468
__________________________________________________________________
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