WIFUSDT: Long-Term Bullish SetupI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
DogWiFiHat ( KUCOIN:WIFUSDT ): Long-Term Bullish Setup for a Multi-Month Hold
Trade Setup:
- Entry Price: $2.0682 (Activated)
- Stop-Loss: $0.2580
- Take-Profit Targets:
- TP1: $5.6605
- TP2: $10.2864
Fundamental Analysis:
DogWiFiHat ( KUCOIN:WIFUSDT ) is an innovative cryptocurrency project aimed at merging decentralized connectivity solutions with meme-inspired community engagement. With its growing adoption and strategic partnerships in the tech sector, $ KUCOIN:WIFUSDT is creating a niche within the blockchain space. The anticipated market bullishness by May adds further potential for a strong rally.
Recent community-driven campaigns and developments in the ecosystem are expected to enhance its visibility and attract more long-term investors.
Technical Analysis (Daily Timeframe):
- Current Price: $2.0820
- Moving Averages:
- 50-Day SMA: $1.8000
- 200-Day SMA: $1.5000
- Relative Strength Index (RSI): Currently at 63, indicating bullish momentum.
- Support and Resistance Levels:
- Support: $1.9000
- Resistance: $2.5000
KUCOIN:WIFUSDT has broken out of a consolidation phase, supported by strong buying volume. A confirmed breakout above $2.50 will likely drive the price toward TP1 and eventually TP2 as the market enters a more bullish phase.
Market Sentiment:
DogWiFiHat is riding the wave of increasing interest in meme-inspired cryptocurrencies with real-world use cases. With the broader market sentiment turning positive, KUCOIN:WIFUSDT is poised for significant upside potential.
Risk Management:
The stop-loss at $0.2580 provides strong downside protection, while the take-profit targets offer excellent reward potential. TP1 represents a 173% return, with TP2 providing a potential 397% gain for long-term holders.
Key Takeaways:
- KUCOIN:WIFUSDT combines meme culture with real-world utility, making it a unique play in the crypto space.
- The trade setup offers significant upside potential, aligning with market-wide bullish expectations through May.
- Strict adherence to stop-loss and take-profit levels is crucial for managing risk.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
1-BTCUSD
Whether it can be supported and rise around 92K-93.5K is the key
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(BTCUSDT 1W chart)
What we need to look at is whether it can touch the MS-Signal (M-Signal on the 1W chart) indicator and rise.
When a new candle is created, it is expected to pass around 83.6K.
Accordingly, the point of interest is whether it will meet the M-Signal indicator on the 1W chart around 87.8K-89K.
The reason is that the StochRSI indicator is showing a downward trend from the 100 point, and if a new candle is created, it is expected to change to a state where StochRSI < StochRSI EMA.
Since the StochRSI indicator is still in the overbought zone, it is likely to rise after receiving support around 92K-93.5K.
-
(1D chart)
The next volatility period is around December 17 (December 16-18).
Therefore, the key is how it will look after this volatility period.
It is currently showing a short-term downtrend, but looking at the overall picture, it is ambiguous to say that it has yet to break out of the sideways zone, so the key is whether it falls below 90586.92.
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Therefore, we need to check whether it can rise above 95904.28.
If not, it is expected to touch around 92K-93.5K.
In order to turn into a short-term uptrend, it needs to rise above 97821.5-98892.0 to be supported.
Since the Momentum indicator is showing a low, it may lead to an additional decline.
You can see that the Body color of the candle changed to red from the December 20 candle.
This is because the OBV fell below the midpoint.
Therefore, if the Body color of the candle changes back to Green, it can be seen as a buying period.
-
Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Bitcoin: Time To Remove The Party Hats?Bitcoin may be on the verge of compromising the 90K support which I will interpret as a sign that the next broader corrective cycle MAY be beginning (Wave (IV)). IF this is the case, you can remove your Bitcoin 200K party hats for at least a YEAR or two. Gold had a similar outcome a few years back and persisted in a consolidation for two years before it broke out. A corrective cycle does NOT mean Bitcoin is going back to 50K (anything is possible though). It just means a prolonged consolidation may be on the horizon which will provide swing trade and investment opportunities for those who know what to WAIT for.
The arrow on the chart points to the 92K support that is in play at the moment. At as long as 90K is not broken, I anticipate at least one more attempt to test the high. This short term up leg is likely to test the 100K area. IF the higher high (break of 108) does not culminate from the next price advance, then it would be wise to reduce risk, lock in profits and LOWER expectations until bullish short term price structure can rebuild itself.
IF 90K is broken, the next inflection point on this time frame is the 86K area. Great profit objective for those bold enough to short this thing. If 86K is cleared, then its the low 80K area. Again this is one scenario of countless, the key is confirming the price action that supports this possibility, NOT to expect it. This is NOT a forecasting game, it is a interpreting and adjusting game.
With the major holiday week on the horizon, it would be best NOT to expect a LOT of action. Volume typically declines, and movements become very muted or you can get slow grinds that just stubbornly persist to some key level. Either way, it is usually best to avoid such markets, ESPECIALLY if you look at smaller time frames.
As far the the highs at 108K, anyone that bought anywhere above 100K is NOW at the mercy of the market. This is why I always warn my followers about buying into highs. Chances are you won't take your profits when the peak unfolds because you won't know its the peak until WAY after the fact. When I hear about people who have NO idea what Bitcoin is, now interested in "investing" in it, that screams THE PARTY IS OVER, for now. The best times to get in are usually when no one is paying attention, and for Bitcoin and the alt coins, that seems to take about a year or two from the peak. If you can't take the heat, don't play with fire (or Bitcoin).
Thank for you considering y analysis and perspective.
"In markets, gravity always wins."📉 Bitcoin Analysis (BTC/USD) 📉
Bitcoin's meteoric 100% rise since September screams overextension. The euphoria may be fading, and a correction looks imminent.
🔻 Key Levels to Watch:
$73,800: The first major support—breaking this could accelerate the drop.
$65,600: A likely target if bears take full control.
The chart suggests BTC is overdue for a pullback. Corrections after such rallies aren’t just likely—they’re inevitable. Bulls, buckle up. Bears, this might be your moment.
"In markets, gravity always wins."
Skl time to flipi been looking for this coin for almost 5 years now, ans i see that a flip is comming.
As you can see, rsi is in over sell position, and MACD is shoeing efforts of a big change.
In the chart there are little green points, those are my Buy positions.
I understand that january and February will be greates than november.
Traders BEWARE! Extreme Volatility In 2025-26. LOOK OUT!I just completed a deep dive into my Adaptive Dynamic Learning modeling system, and I'm here to tell you that 2025 and most of 2026 will be highly volatile.
If you do not attempt to stay ahead of these market trends, you could suffer a loss of 35% to 45% (or more) over the next 18 months or more.
If you want to learn how to navigate these trends, I suggest you find someone you trust to help you identify the best opportunities for your investments and trading.
This is no joke.
This is the type of event that destroys trader's accounts and disrupts global economies.
If you are not prepared for this, get busy trying to find someone to help you.
Merry Christmas. Buckle up.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
NSTR - Technical Analysis of Key Bullish and Bearish LevelsKey Observations:
Expanded Volume Profile:
The volume profile on the left indicates significant trading activity (support/resistance zones).
The high-volume node around 360–380 suggests a key area of interest where the price might consolidate or face resistance/support.
Bullish Levels:
Bullish Week (376): A breakout above this level could trigger upward momentum toward 400 and potentially higher.
Close Week Swing (363): Currently being tested. Sustained strength above this level would be a sign of bullish continuation.
Key Target at 400: Bullish swing level acting as a psychological and technical resistance point.
Bearish Levels:
Bear Swing (348): A breakdown below this level could lead to further downside, with the next support at Bear Week (325).
Week ATR (328): If the price approaches this level, it signals a deeper bearish sentiment.
Price Action:
The yellow line shows a recovery attempt after a sharp drop. The price appears to be testing resistance at Close Week Swing (363).
The upward trend from lower levels near 325 suggests some buying interest at lower prices.
Annotations and Targets:
Close Week Swing (363) is pivotal; crossing this level with volume might lead to a test of higher resistance levels.
The area around 325–328 has shown strong support previously, and a retest might attract buyers.
Analysis:
Bullish Scenario:
The price needs to decisively close above 363 to gain bullish momentum. If this happens, look for targets at 376 and then 400.
Volume supporting an upward move would confirm bullish sentiment.
The Bullish Week (376) level is critical for mid-term trend confirmation.
Bearish Scenario:
Failure to hold above 363 could lead to a retest of 348 (Bear Swing) and possibly further downward moves toward 325–328.
Increased volume at lower levels might indicate bearish control.
Neutral Scenario:
Consolidation between 348 and 363 could signal indecision, with a breakout or breakdown likely depending on market sentiment.
Recommendations:
For Bullish Traders:
Look for strong volume above 363 and consider targets at 376 and 400.
Watch for consolidation near 360–363 as a possible entry point.
For Bearish Traders:
A rejection at 363 or a breakdown below 348 would signal opportunities to target 325–328.
Use volume and candlestick patterns to confirm breakdowns.
Risk Management:
Stops should be placed slightly beyond key levels (e.g., above 376 for shorts or below 348 for longs).
This setup emphasizes the importance of the 363 level as a tipping point for direction. Let me know if you'd like further insights!
BTCUSD: Long Signal with Entry/SL/TP
BTCUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long BTCUSD
Entry Point - 96576
Stop Loss - 94182
Take Profit - 10116
Our Risk - 1%
Start protection of your profits from lower levels
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Bitcoin Analysis: December 23, 2024 - Consolidation or Rebound?Hello, this is Greedy All-Day.
Let’s dive into the Bitcoin analysis for today.
Weekly Chart Analysis
Looking at the Bitcoin weekly chart, we can identify two main yellow box zones that represent Bitcoin’s historical trading frames. Currently, in the blue box zone, Bitcoin has moved into a new frame.
Examining the weekly candles, we see that the current red candle is engulfing the previous week’s green candle. As the weekly close approaches in just a few hours, it is highly likely that this bearish engulfing candle signals a consolidation phase within the frame.
If we look at the green box, a similar scenario occurred in the past: after a new high was reached within the previous frame, a bearish candle emerged, followed by approximately 9 months of sideways movement.
While it is unclear how long the current frame will last, the appearance of this week's red candle is not a particularly optimistic signal for future bullish momentum.
The red box, which has provided support since November 2024, becomes critical. A breakdown below this zone could signify a breach of approximately five weeks of sustained support, increasing the likelihood of retesting the weekly 20-MA or even breaking below it.
However, since the red box zone has not yet been decisively breached, it is still possible for Bitcoin to move sideways within the current frame. For those holding long positions, there is no immediate cause for alarm unless the price breaks below 89,400 or fails to hold the support of the weekly 20-MA. If either of these scenarios occurs, it may signal a trend reversal. Keep this in mind as you approach your trades.
Daily Chart Analysis
The key level to watch on the daily chart is 89,400, which coincides with the entry zone for the Ichimoku Cloud.
Since November, Bitcoin has not encountered significant resistance around the daily 20-MA. However, the recent resistance at this level suggests a weakening of bullish momentum.
At this point, it’s crucial to determine whether Bitcoin will:
Receive support and rebound above the key levels, or
Retrace further to 73,800, which was the previous frame’s entry level, and test the short-term ascending trendline.
4-Hour Chart Analysis
To confirm a rebound, Bitcoin must first establish a solid foothold above the 4-hour 20-MA.
Although there was a brief attempt to break above the 20-MA on December 20, 2024, Bitcoin failed to sustain its position, leading to further corrections. This indicates that surpassing the 20-MA remains a priority before addressing resistance levels.
The second critical level to monitor is 99,485, which currently serves as a resistance zone. A breakout above this level would indicate diminishing selling pressure. This would also confirm the current frame's significance as Bitcoin potentially targets the next key resistance near 109,000.
Conclusion
Is the market overheating, or is a rebound on the horizon?
Despite years of observing charts, the emergence of new wealth in this market suggests we are experiencing unique dynamics.
Opportunities always arise during cycles, but entering the market during periods of rapid growth often results in losses rather than gains.
Sometimes, waiting can be the best strategy.
I’ll continue to provide analyses to help guide your trading decisions. Please follow me for more insights!
BTC/USDT: Breaking Free from a Descending Broadening WedgePattern Breakdown:
Descending Broadening Wedge:
Characterized by lower highs (LH) and lower lows (LL), this pattern reflects increasing volatility and a potential exhaustion of selling pressure.
Historically, these patterns often resolve to the upside as buyers reclaim control.
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Current Structure:
BTC has bounced from the lower boundary of the wedge, showing signs of a bullish reversal.
The price action aligns well with the theoretical breakout strategy depicted in the diagram, highlighting a high-probability long setup.
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Key Levels to Watch:
Immediate Resistance: The upper boundary of the wedge around $98,000 serves as the first hurdle.
Breakout Target: A successful breakout above $98,000 could push BTC toward the highlighted supply zone at $101,200-$102,000.
Support Levels: Critical support rests near $93,500, where bulls need to maintain control to preserve the bullish outlook.
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Momentum Indicators:
Volume: A noticeable decline during the wedge's formation suggests consolidation, often preceding a strong breakout.
Relative Strength Index (RSI): The RSI is turning upward from oversold levels, signaling increasing buying pressure.
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Trade Setup:
Entry: Watch for a confirmed breakout above $98,000.
Targets: The first target lies at $101,200, with the potential for further upside toward $105,000 if momentum sustains.
Stop Loss: A break below $93,500 invalidates the bullish scenario.
Bitcoin BTC Has Almost Finished Correction: Huge Gains Ahead!Hello, Skyrexians!
We hope you made a right decision when received the warning sign by our Bullish/Bearish Reversal Bar Indicator from our previous Bitcoin analysis . Now we see that this correction is happening right now and there is some space to go down more but not that much as you may be think.
Let's take a look at the daily BINANCE:BTCUSDT chart. We can see that our indicator has printed the red dot at the top of the wave 3. After that this dump has been started. This is wave 4 and it has the clear target between 0.38 and 0.5 Fibonacci levels. Therefore we can conclude that max target which price can reach before the reversal is 84k, but it's more likely the reversal will happen earlier, at $89k.
When correction will be finished we can expect the wave 5 with the optimistic targets between $120k and $140k. Here is nothing change from the last analysis. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Best regards,
Skyrexio Team
___________________________________________________________
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Bitcoin BEARISH 4 Hour Chart - Trend Line Support BrokeBitcoin has broke down through an important trend line support level on the 4 hour chart. It is currently in the process of re-testing the line before a continuation down again. It's possible that Bitcoin may gain short-term up to around $100000 before the re-testing is complete. Or it may just start falling like a rock before then.
The trend line was tested multiple times and is a reliable signal of what is to come. This also agrees with my analysis on the weekly chart too. Both charts indicate a potential drop for Bitcoin to around $75000.
Please note: this is a crazy world and anything could happen, but this is my analysis based solely on the chart. I would say the same if it were corn, copper, or whatever else. Be cautious buying Bitcoin anytime soon based solely on hype! As I said above, it could gain short term to re-test the line which is now resistance, but it will probably be short-lived.
BTC TO $86,850Based on my TA, BTC has now confirmed a short term trend change on the smaller time frames which will result in relief / pull back on the higher time frames (W,M).
BTC recently just crossed over the SMA's, pulled back and rejected them as well as a major key level. There is also the case of the SMA's (21/9) crossing over on the 4hr indicating a trend change confirmation.
On the higher time frames we also has deceleration and exhaustion from the candles showing a relief period and pull back is in coming which of course will result in a trend change again on the smaller time frames.
We also have the issue of the FED stating they are not looking to hold a BTC reserve and won't be changing their opinions anytime soon regardless of Trumps open supportiveness of Crypto.
The fib is also confirming a bear market as it is aligning very nicely with key levels and targets to the downside. I have entered at the LH which is the same area the market rejected the crossover of the SMA's.
We'll likely see some consolidation / resistance around the $94,500 price mark as it is a major key level imo but if we break that level then BTC will likely fall to the golden ratio market out by the fib which also happens to align with another major key level of $86,850 which is my overall target.
Of course i will lock in profits along the way, i have a small stop on this trade of just 2.5% located just above the cross over of the SMA's for some protection from TA.
BTCUSDT On The way to 120KBTCUSDT, Bitcoin-based cryptocurrency, is currently trading at $97,000.
The target price for BTCUSDT is $120,000, indicating significant growth potential.
This represents a potential gain of over 30%.
The coin's price movement is guided by a support and resistance pattern.
BTCUSDT's growth potential is significant, driven by increasing adoption and demand.
Investors can capitalize on this opportunity for substantial returns.
However, market volatility and risks should be carefully considered.
A well-informed investment decision can help maximize gains and minimize losses.
By monitoring market trends, investors can make informed decisions about BTCUSDT.
PNUTUSDT → A Double Bottom Formation: On the Verge of a Bullish PNUTUSDT → A Promising Reversal Ahead: Poised for 30-50% Growth in the Near Future
PNUTUSDT is setting itself up for a potentially significant rebound, with the possibility of a 30-50% growth in the coming weeks. After experiencing a sharp and substantial drop (often referred to as a "dump"), the asset is now showing signs of a reversal, forming a bullish pattern on the chart. This price movement suggests that the market could be nearing a turning point, where the downward trend may soon give way to an upward rally.
While Bitcoin remains largely range-bound and stagnant in its price action, PNUTUSDT is demonstrating strength and resilience by forming a classic double bottom pattern. This pattern is known to indicate a shift in market sentiment from bearish to bullish, often signifying that a trend reversal is in the works. The double bottom formation is typically seen as a sign that the asset has found solid support and is now preparing for a potential surge in price, making this an exciting opportunity for traders and investors alike.
At present, one of the primary hurdles for PNUT is the resistance level around the 0.75 mark. This price point has historically acted as a significant level of resistance, and the coin will need to break through it decisively to trigger a meaningful rally. If the price can push past this 0.75 resistance and establish a solid foothold above this level, the next logical price target will be 1.0. This would mark a key psychological and technical level, which could pave the way for further gains in the short to medium term.
It’s important to keep a close eye on the support and resistance levels as the price action unfolds. For now, the critical support level for PNUT stands at 0.6. This zone represents a key price area where the bulls need to maintain strong defense to prevent a breakdown and potential further downside. If the coin can hold above 0.6 and rally past the 0.75 resistance, it will signal that the bulls are in control, with higher price targets on the horizon.
Resistance Levels:
0.75: This level acts as a strong resistance, which, if broken, could trigger the start of a substantial upward movement. It’s a key threshold that traders should watch closely. A breakout above 0.75 would likely mark the beginning of a more significant rally.
1.0: Once the 0.75 resistance is overcome, the 1.0 level will be the next major target. This psychological and technical barrier could prove to be another important test for the bulls. If the price can break past this level, PNUT could be poised for even greater gains.
Support Levels:
0.6: This is a crucial support level that should not be overlooked. For PNUT to remain bullish and continue its rally, it’s vital that the price holds above this level. A drop below 0.6 would raise concerns and could potentially reverse the bullish momentum.
If the bulls can successfully overcome the 0.75 resistance and hold the price above it, the market could see a significant upward push in the coming weeks. The primary target, once 0.75 is breached, would be the 1.0 level, which would mark a substantial psychological milestone. From there, if the momentum remains strong, the next set of targets could be at 1.15 and 1.35, both of which are seen as potential resistance levels in the medium-term price action.
Why This is an Important Setup: What makes this setup particularly intriguing is that it aligns with a strong reversal pattern, supported by technical indicators such as the double bottom. Historically, such formations often lead to significant price rallies, as they suggest that the bears are losing control and the bulls are preparing to take over. This creates a perfect environment for a potentially profitable trade, with considerable upside potential for those who are able to time their entries and exits effectively.
Investors should monitor how the price behaves around the 0.75 resistance. A failure to break above this level would suggest that the bears are still in control, and the rally may stall. On the other hand, a clean break and close above 0.75 would signal a clear bullish trend, with 1.0 as the next major target.
The Bigger Picture: Looking further ahead, the overall market conditions should also be considered. While Bitcoin is not showing much movement at the moment, the altcoin market is still ripe with opportunities, especially for coins like PNUT that are setting up for a reversal. The key here is timing and watching for confirmation of the bullish trend before entering a position.
For traders with a medium to long-term outlook, PNUT’s setup could present an attractive risk-to-reward opportunity. If the price breaks through resistance and establishes solid support above 0.75, the next targets of 1.15 and 1.35 would become increasingly realistic.
In conclusion, PNUTUSDT is showing significant potential for a strong recovery. After a sharp fall, it is now forming a double bottom pattern, which typically signals a reversal in the market. If the price can break through critical resistance levels at 0.75 and 1.0, PNUT could be on the verge of a strong bullish rally, potentially reaching new highs in the short to medium term. Investors should monitor the key support and resistance levels closely, as overcoming the 0.75 resistance could signal a powerful upward move. The primary target remains at 1.0, with subsequent targets of 1.15 and 1.35 offering additional upside potential.
Strategy 2025. BTC Airless Scenario Below $100'000 Choking PointThe crypto market is flashing a worrying outlook for 2025, since a disappointing Santa Claus rally this year could deepen issues.
This is especially important if BTC will not be able to finish the year 2024 firmly above $100'000 per coin.
The financial market has had a tough week, but it might also be in store for a tough year in 2025.
The market is on track for its worst weeks over years after the Federal Reserve gave a hawkish forecast for interest rate cuts in 2025. But looking at the market's internals, it's clear that damage had been inflicted well before the Fed's Wednesday meeting—and the signal is a historic indicator of tough times ahead.
The number of stocks in Top Stock Club S&P 500 that are declining outpaced advancing stocks for 14 consecutive days on Thursday.
The advancing/declining data helps measure underlying participation in market moves, and the recent weakness signals that even though the S&P 500 is only off 4% from its record high, there's damage under the hood of the benchmark index.
This is evidenced by the equal-weighted S&P 500 index being off 7% from its record high.
According to Ed Clissold, chief US strategist at Ned Davis Research, the 14-day losing streak for the S&P 500's advance-decline line is the worst since October 15, 1978.
Clissold said 10-day losing streaks or more in advancing stocks relative to declining stocks can be a bad omen for future stock market returns.
While this scenario has only been triggered six times since 1972, it shows lackluster forward returns for the S&P 500. The index has printed an average six-month forward return of 0.1% after these 10-day breadth losing streaks flashed, compared to the typical 4.5% average gain seen during all periods.
"Studies with six cases hardly make for a strategy. But market tops have to start somewhere, and many begin with breadth divergences, or popular averages posting gains with few stocks participating," Clissold said.
Perhaps more telling for the stock market is whether it can stage a recovery as it heads into one of the most bullish seasonal periods of the year: the Santa Claus trading window.
If it can't, that would be telling, according to Clissold.
"A lack of a Santa Claus Rally would be concerning not only from a seasonal perspective, but it would allow breadth divergences to deepen," the strategist said.
Also concerning to Clissold is investor sentiment, which has flashed signs of extreme optimism since September. According to the research firm's internal crowd sentiment poll, it is in the seventh-longest stretch in the excessive optimism zone, based on data since 1995.
"Several surveys have reached what could be unsustainable levels," Clissold said, warning that any reversal in sentiment could be a warning sign for future market returns.
Ultimately, continued stock market weakness, especially in the internals, would suggest to Clissold that 2025 won't be as easy as 2024 for investors.
"If the stock market cannot rectify recent breadth divergences in the next few weeks, it would suggest our concerns about a more difficult 2025 could come to fruition," the strategist said.
Moreover, Dow Jones index has printed recently The Three Black Crows Bearish candlestick pattern, on weekly basis.
This is especially important, since mentioned above pattern is massively unwinding from Dow's all the history highs.
Previously this pattern has already appeared in TVC:DJI in November 2021 and lead to 20 percent decline in 2022 for Dow Jones Index and to more than 70 percent decline in BTC.
The Three Black Crows Bearish candlestick pattern also has appeared in Dow Jones Index in September, 2018 (lead to 18% decline) and in July, 2007 (lead to more than 50% decline).
The main technical graph represents a Choking Strategy for BTC in 2025, i.e. BTC airless scenario below $100'000 choking point.
The epic 52-week SMA breakthrough in BTC will definitely accelerate a decline at all.
Odds favor the long side on BTC
You can clearly see that there was a volume spike that absorbed the selling of the weak hands, now you see that the volume returns to the direction of the trend up, so people are not willing to sell Bitcoin at a lower price, so the puppet master has to increase his bidding price so he can get filled after Trump WON the election.
Add to it that the price was consolidating for half a year and holding its value near the top.
BTCUSD is taking an elevator UPClearly defined UP channel + hold very well the resistance to support line.
No matter what you hear in the news, Bitcoin is bullish.
Remember, that "worth" and "value" are subjective, not objective.
A luxury handbag... does not have its value in the cost of materials,
it has its value in the mind of the people who buy it...
Doge, Bitcoin and the Monthly LMACD Let me start by explaning what you are seeing here, at the top is Bitcoin , bellow doge and the bottom is the LMACD on the monthly time frame for Bitcoin. As I have stated in multiple occasions bull markets typically last for about 26 bars or 793 days(green histograms of the LMACD). Once those 793 days ends you see the LMACD crossing bearish and starting the transition to the bear market. Using this pattern I came to the conclusion that this bull market should be running till Sep2025. Now if you look closely the 2017 cycle top arrived 4 bars(months) before the the end of the bull market, 2021 cycle top around 5 bars and maybe 2025 cycle top would be 6 bars before Sep. This might suggest topping in March2025 for BITCOIN and exactly 1 bar after this the DOGE top in April2025.