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What Pattern Is This?Asking for a Technical Trader umm What Pattern Are WE Trading LOL When In Doubt call me crazy "STAY OUT" or just hold I think we will see many more times like these remember nothings ever simply one way and the world you know can change into the one you have yet to know. YOLO Moonboyz 🌛 If you feel so inclined to do so. 🚽👄 Toilet Mouth: "Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT" ⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits. ⭐Let each person determine their cost to acquire and choice to play or not. No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO" Things 🤷‍♂️ #Fixed IDK! 🙏 FOR JUST A HEALTHLY PULLBACK! ""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!"" I am The CoinSLayer 👨‍💻😈 You have been warned by The Coin SLayer!
BINANCE:BTCUSDShort
by BradySWilliams
5
Crypto Alpha Report - January 10, 2025Happy Friday, friends! Is the Bull Market over or on the verge of epic continuation? Join us for Fundamentals Friday as we dive deep into the evidence and find what side of the market we should be on. Let’s re-iterate a powerful metric: Bitcoin Balance on Exchanges. Currently, in January 2025, we have the lowest balance of Bitcoin on exchanges we’ve seen since January of 2019 - which was the bottom of the 2018/19 Bear Market. Liquidity and the order books are thin when the Exchange Balance is very low. This means price is subject not only to wild price swings (which is why being careful with leverage here is crucial) but also sets up price for rapid price appreciation if a surge of fresh buying comes in. However, the knife cuts both ways, as it also means less buy-side liquidity to absorb market sell orders. However, on the positive side, we analyze how this metric has helped predict Bitcoin’s price movements, whether bullish or bearish. We notice that since 2019, prolonged periods of Bitcoin Balance declining have led to bullish price action, and it’s only once the Balance on Exchanges begins to rise again that it calls the Euphoria Phase of the Market Cycle - when prices increase rapidly. Secondly, the long-term holder distribution of Bitcoin seems to have peaked and is currently declining - reaching peaks we’ve seen in previous cycles. In the 2017 market cycle, this metric peaked in August of 2017, when we saw a pullback in Bitcoin’s price from $4,000 to $3,600 - then we continued to rally to $19,000. In 2021, this metric peaked in January, which saw Bitcoin’s price pullback from $40,000 to $32,000 - we then rallied to $63,000. In 2024, this metric peaked on Dec. 10th, which has seen Bitcoin’s price pullback from $105,000 to $90,000 - we then rallied to ???,??? in 2025. Here’s to a frothy future! Crypto Market Update Stablecoin Dominance So far, a swat down from resistance and a decline of -2.17%. Buyers indeed stepped in, supporting Bitcoin’s price specifically and key altcoins. If this is the beginning of a rally, expect this metric to move as low as 5% again - but fair warning: a sustained close above 6% means a breakdown in risk on crypto assets. Bitcoin + Stablecoin Dominance It was an indecisive day for this metric, putting in a doji right below our 200 DMA. With altcoin buyers stepping in tentatively, this metric could go either way. Altcoin Performance Relative to Bitcoin Altcoin buyers have stepped in tentatively, as this metric has increased by 50 bps. This is the zone we should anticipate altcoins to bounce back - so I’m currently feeling optimistic about this metric rising following the deep deviation we had several weeks ago. Bitcoin Bitcoin put in an amazing rally from $91,000 to $95,000 overnight, printing more consecutive bullish hourly candles than we’ve seen since 2017. Trends 5M: Bullish 30M: Bullish 1H: Bearish 4H: Bearish D: Bullish W: Bullish Bitcoin has reclaimed a bullish 5M and 30M trend following an epic rally off of the lows. While the Hourly trend has yet to flip bullish, we have reclaimed the key moving averages of the 1H trend, and the dip to $94,000 looks like a liquidity grab before a move higher up. Key resistance at $95,900 - a break above would confirm just a test of the bottom of Bitcoin’s consolidation range and a pushback to $100,000. Key Levels Point of Control: $93,972 VWAP: $93,988 Value Area High: $94,848 - $95,675 Value Area Low: $92,301 - $93,127 Next Liquidity Zone Above: $$96,393 - $98,487 Next Liquidity Zone Below: $87,000 - $90,200 Strategy: Continue to hold long positions. 30M chart shows a liquidity void was just tapped at $95,700, but our local Point of Control held before that. If this is a bottom, there’s no need to re-test support. It looks like they pushed the price back down to $94,000 to fill orders before letting the price send.
BYBIT:BTCUSD.PLong
by CrackingCryptocurrency
Bitcoin BTC Has Almost Finished Correction: $89k soon!Hello, Skyrexians! In our recent analysis we told that this correction will not be finished without reaching GETTEX:89K , it almost impossible! Several days ago BINANCE:BTCUSDT surges above $102k which caused a lot of optimism on the market, but all these traders has been banished by the sudden dump. Why this drop was expected and promised GETTEX:89K will be reached anyway. Let's take a look at the daily time frame. We can see the after reaching wave 3 top corrective wave 4 has been started. Wave 4 is a zigzag ABC. Corrective wave B has been finished exactly at 0.61 Fibonacci. Now price is forming wave C. This wave has the minimal target at 0.38 Fibonacci at $89k. There we can expect the signal on Bullish Reversal Bar Strategy to make sure with the high probability that correction is over and the next target is $120k. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . You can see the sniper entries for this indicator before. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
Spot Bitcoin ETFs in the US Acquired Nearly 4x the Amount Mined Market Update - January 10, 2025 Takeaways Spot bitcoin ETFs in the US acquired 51,500 bitcoin in December, nearly quadruple the 13,850 BTC mined: Spot bitcoin ETF-driven demand could create a supply shock that would drive prices higher in the coming months. But the price of bitcoin pulled back below $93,000 this week after reports the US government might sell $6.5 billion worth of bitcoin seized from Silk Road. Backpack Exchange has reportedly acquired FTX EU after regulatory approval: The exchange, founded by ex-FTX and Alameda staff, would be the managing entity for FTX EU bankruptcy claims. But the FTX bankruptcy estate released a statement claiming Backpack has no control over redistributing the funds, adding that the press release announcing the sale went out without approval. Terraform Labs founder Do Kwon has pleaded not guilty to fraud charges in US court following extradition: Prosecutors allege he misled investors about terraUSD's stability. Kwon's case is expected to go trial in January 2026. Metaplanet is aiming to quintuple its bitcoin holdings to 10,000 BTC by leveraging capital markets: The Tokyo-listed firm already holds 1,761.98 bitcoin, currently worth close to $180 million. The move continues a recent trend of corporate and investment entities stockpiling bitcoin as a reserve asset. Spot Bitcoin ETFs Accumulate nearly four times December’s Mined BTC Amid Supply Squeeze Spot bitcoin ETFs in the US acquired 51,500 bitcoin in December 2024, dwarfing the 13,850 produced by miners during the same period. This ETF-driven demand reportedly represented 272% of the monthly supply. Bitcoin's price peaked at an all-time high of $108,135 on December 17, driven by surging spot market activity. A January 6 report also highlighted bitcoin exchange balances hitting record lows, with researchers predicting a potentially imminent supply shock. On Friday last week, spot bitcoin ETFs added over $900 million in inflows. But the price of bitcoin has subsequently pulled back this week, dropping below $93,000 on Thursday as the market weighed the veracity of a report that the US government was poised to sell some $6.5 billion in bitcoin originally seized from Silk Road. In mining, MARA Holdings led December’s production with 9,457 bitcoin. Riot produced 516 bitcoin and Cleanspark came in third with 668 bitcoin mined. Other contributors included Bitfarms (211 BTC) and Terawulf (158 BTC). With total US bitcoin ETF holdings now nearing $110 billion, some analysts have projected bitcoin to see more significant gains throughout the year. Dogecoin (DOGE): The Birth of the Original Memecoin Dogecoin (DOGE) started out as a parody of cryptocurrencies and, in particular, the proliferation of altcoins. Its founders have publicly stated that DOGE was a joke, and the currency hasn’t received a significant technical update since 2015. Despite these facts, market forces have kept the cryptocurrency alive. According to the founders, it was never about the value of DOGE, but rather about giving people an accessible introduction to the world of cryptocurrency through a face many already knew from an internet meme — Doge. The founders sought to overcome Bitcoin’s and other cryptocurrencies’ barriers to entry — for example, news of hacks and scams, as well as technological complexities. To that end, they created a fun and friendly cryptocurrency to welcome newcomers to the crypto space. Read more! Onward and Upward, Team Gemini
GEMINI:BTCUSD
by Gemini
Bitcoin Idea!"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
COINBASE:BTCUSD
by Golden_candle
1
BTC's ultimate bullish point is here!BITSTAMP:BTCUSD Bitcoin is in the bottom of a broadening wedge, which has proved to be a good Support point as well! also we can see a double bottom on the chart which is another bullish pattern! so this might be a pretty good point to be bullish on Bitcoin. ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨
BITSTAMP:BTCUSDLong
by Cryptonic_Trading
Bitcoin (BTC/USD) Technical Analysis: Key Levels and Potential SThe chart highlights critical support and resistance levels along with possible price scenarios for Bitcoin (BTC/USD) on the 4-hour timeframe. The combination of technical patterns and momentum indicators offers a roadmap for potential future movements. Key Levels: Resistance at $95,600: The $95,600 level serves as a key resistance point. A breakout above this level could signal a bullish continuation toward $100,740.93, aligning with the upper boundary of the channel. Support Zone at $91,400–$90,400: This area is a strong support zone, highlighted in blue, and represents a potential bounce point if the price continues to decline. Failure to hold this level could push Bitcoin further downward. Lower Support Levels: $82,265.90 and $76,125.14 are critical lower support levels if bearish momentum intensifies. Scenarios: Bullish Scenario: If Bitcoin rebounds from the $91,400–$90,400 support zone and breaks above $95,600, we could see a rally toward the $100,740.93 target. Bearish Scenario: A breakdown below the $91,400–$90,400 zone could lead to a decline toward $82,265.90 or even $76,125.14, driven by increased selling pressure. Indicator Insights: DT Oscillator: Currently in the oversold zone, suggesting a potential short-term bounce. However, confirmation is needed from price action and resistance levels. Conclusion: Bitcoin is at a pivotal point with significant support and resistance levels clearly defined. Traders should monitor price reactions closely around the $91,400–$90,400 zone and watch for a breakout or breakdown for directional cues. Feel free to share your thoughts in the comments, and don’t forget to follow me for more detailed analyses! ⚠ Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making trading decisions.
INDEX:BTCUSD
by Mohammad_Mirdehghan
Crypto Alpha Report - January 09, 2025Happy Thursday, friends! There is a lot of fear and panic in the air today. Is the U.S. Government poised to sell $69,000 Bitcoin? Let’s dive into the facts and decide what side of the market is the right side to be on. Last evening, information from Bitcoin Magazine began circulating that the Department of Justice had received court approval to sell approximately $6.5 billion worth of Bitcoin seized from the Silk Road. They received this approval on December 30th, and we are now hearing this. Furthermore, there are claims that this Bitcoin has already “been sold” via a credit line brokered by Coinbase. There is speculation that this is one of the chief sources of the volatility and selling pressure we’ve seen thus far. On the bear side, many are panicking, speculating that this much Bitcoin would obliterate order books and send Bitcoin plummeting to below $30,000 if dumped on the open market. We can safely rule out that scenario. The US Government has sold Bitcoin multiple times in the past: -2014: US Marshals auctioned Bitcoin seized from Silk Road. Tim Draper purchased 30,000 BTC at this time. -2018: USG sells 500 BTC to Riot Blockchain. -2021: USGSA auctioned off less than 1 BTC. -2023: USG auctioned off 9,861 BTC to the tune of $215M. -2024: Significant amounts of Bitcoin have been moved around in USG wallets in 2024, sparking rumors of potential sales. In April 2024, 30,000 BTC was moved, some going to Coinbase, but no official sales occurred. As you can see, although the USG has a history of selling Bitcoin, they have never sold them on the open market. They have always auctioned them off and almost always to individuals who desire to hold them. This fringe idea of 69,000 being market-sold is ludicrous. After some digging, I found the Bitcoin wallet in question. Despite rumors, the coins have NOT been moved to Coinbase. www.blockchain.com The timing of this event is also sparking a lot of debate online over whether or not it is a political move, with the inauguration of a “Bitcoin” president eleven days away. At the 2024 Bitcoin Conference in Nashville, Trump vowed to move for the US Government to keep all of its Bitcoin and not sell any. This sale was greenlit by a federal judge, as stated on December 30th, 2024, after a long and contentious legal battle over ownership rights with Battle Born Investments, with the DOJ citing Bitcoin’s volatility as the primary reason for the approval of the sale, wanting to liquidate assets before the value of the government’s holdings declined. The middle-of-the-road thinking around the Strategic Bitcoin Reserve is that Trump would keep all of the USG's current Bitcoin and allocate that to the “reserve.” Of course, the more bullish advocates are expecting the USG to begin spot-buying Bitcoin. Regardless, unless we see Trump roll entirely back on all of his crypto promises, he will likely move to undermine or reverse this sale. The current administration only has 11 days to finalize this sale, and for now, the Bitcoin remains in the Silk Road private wallet. Crypto Market Update Stablecoin Dominance This metric has increased by +3.25% today. At our current primary resistance level of 6%, this has been where we’ve seen buyers step back into the market and defend risk-on positions. However, on the bear side, momentum crosses into the positive zone after a long reversal pattern. Although my gut doesn’t quite believe it, a dispassionate analysis reveals a likely growth in this metric, implying further downside for crypto assets. Bitcoin + Stablecoin Dominance An increase in this metric of 0.42% largely driven by the rise in Stablecoin Dominance, as highlighted above. Currently, altcoins are holding up relatively well to Bitcoin’s decline in price. Similarly concerning for altcoins, however, is that momentum is now pushing into the positive zone without this metric being overly extended. Altcoin Price Performance Relative to Bitcoin A decline in this metric of -1.01%. Despite Bitcoin’s bearishness, altcoins hold their value relatively well compared to previous examples of Bitcoin price declines. Although we can see from yesterday’s Hammer Candle that buyers stepped in significantly, this metric continues to slide down today. Bitcoin Bitcoin’s price has declined below its January lows without triggering significant liquidations. Despite being heavily oversold, Bitcoin’s price has yet to reverse its downward trend, creating the possibility of more short-term downside before rising in anticipation of the US CPI print next Wednesday. Trends 5M: Bearish 30M: Bearish 1H: Bearish 4H: Bearish D: Bullish W: Bullish Bitcoin remains in an overall Bearish trend. Currently trading below VWAP, Bitcoin must break above $92,100 to deviate from the 5M trend. LTF Momentum Oscillators continue to show Bullish Divergence. This is a buying opportunity, but not for a leveraged swing trade. Don’t underestimate the swings FUD can have, and I would like to survive a wick to $88,000 if it occurs. Watch for Bitcoin to regain 30M momentum before longing. Key Levels Slightly different take today. Looking at the 4H Volume Profile, I can see voids in liquidity directly at December’s low at ~$90,250 and slightly lower at ~$88,600. As Bitcoin is trading in a wedge consolidation pattern, I think we don’t need to be significantly concerned with a large-scale breakdown in January. This remains my position, so in the short-term, in the bear case, I want to be prepared for Bitcoin’s price to re-test December’s lows and potentially wick lower to fill that liquidity void. Zooming out below that, to make the bear case, liquidity voids exist at ~$83,000 and ~$77,000, providing downside targets to my contrarian bears reading. Strategy It's a pretty classic trading setup here, guys. We’re at support. This is also a battleground zone, where having an edge is tough - unless you stick to the basics. It's a scary area to long, I know, but that’s the statistically best setup here. If structuring a long, I would ensure it can survive a wick to $88,000 as highlighted above, and my profit target would be ~$95-$97,000. If you’re more inclined to short here, I won’t criticize you; it’s your account. But make sure you have conviction and that your short can survive volatility. I’ll stick to the classic maneuver here.
BYBIT:BTCUSD.P
by CrackingCryptocurrency
BTC preparing for run to 150k technical tp on higher timeframeTechnical analysis indicating "measured move" buy setup on higher timeframes I expect price to advance from current 88-93k buy zone (consolidation structure on 4 hr tf) back to new highs above 109k, which was previously noted as tp1 (with anticipated near term consolidation in low 90k range). It's possible we have one more retest of 88-93k levels after reaching 108-110k level on next buy wave, but as previously noted, it primarily remains a buy opportunity. Once a move above 120k is achieved, price will be strongly in the hands of buyers (with diminishing supply) and head towards 150-155k level fairly steadily & easily to achieve technical "measured move" target. There remains possibility that we get one final retracement from 150k but my own cycles analysis indicates that would be the final big discount opportunity IF it were to occur at all. Price advancement above 100k is a SIGNAL that mass adoption is taking place globally and will lead to much higher highs. Any price dips below 100k remain discounts for institutional ownership
COINBASE:BTCUSDLong
by DaveTradesLive
"BTC Alert: Sellers Dominate Until the Price Hits the Bottom!"BINANCE:BTCUSDT COINBASE:BTCUSD 📈Which side you pick? Bulls or Bears Bitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉 If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍 🧐The Alternate scenario: If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.
Short
by CrazyS
1
BTCUSD Rejected its Daily SupportHello Traders In This Chart BTCUSD HOURLY Forex Forecast By FOREX PLANET today BTCUSD analysis 👆 🟢This Chart includes_ BTCUSD market update) 🟢What is The Next Opportunity on BTCUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
COINBASE:BTCUSDLong
by ForexMasters2000
bitcoin price bounce on January 14th @ 89377 USDTbitcoin will bounce from the green line on January 14th where you see the green heart. that line is close to an important fib level. but it also shows that on november 18th, price retested november 11th's high, which is also on that line. on november 18th planet Venus travelled between 14-15º of Sagittarius. on January 14th Budha (Mercury) will reach that point. there is more information on the January 14th bounce in the book SHININGBULL 2025 BINANCE:BTCUSDT
by ShiningBull
BTC - 1H PulllbackBitcoin has formed a bearish descending channel following a sharp bearish spike, indicating continued downward momentum. Currently, the price is showing signs of recovery and may rise towards the channel base around the $97,000 resistance zone. This resistance zone, marked by previous rejections and high selling pressure, is a critical area to monitor. It offers a potential opportunity to enter short positions if rejection signs are observed, with expectations of further declines from that zone. Traders should remain cautious and wait for confirmation of price action at the resistance before entering positions. Both bullish retracements and potential rejections at resistance offer opportunities for strategic trades. 🚀
by Sober_Trading
2
Recency Bias: Your Brain’s Worst Trade Idea Ever!Let’s face it: your brain is out to sabotage your trading, and recency bias is its weapon of choice. This sneaky psychological gremlin convinces you that your last few trades—good or bad—are all that matter. But spoiler alert: they’re not. 🎲 What is Recency Bias? Recency bias is your brain’s tendency to overvalue recent events and ignore the bigger picture. Three wins in a row? You’re invincible, right? WRONG. Three losses? Time to ditch your strategy? ALSO WRONG. The market doesn’t care about your streak—it plays the long game, and so should you. 💀 How It Destroys You 1️⃣ Winning Streak Confidence: After a few wins, you start upping your risk like you’re Warren Buffet. Then BAM—one loss wipes you out. 2️⃣ Losing Streak Paralysis: A few losses, and suddenly you’re too scared to pull the trigger, even on solid setups. 3️⃣ Revenge Trading: The currency pair that burned you? Oh, you’ll “get it back,” right? Nope. You’ll just lose more. 🛡️ How to Beat It 1️⃣ Reset Daily: Clear your head before every session. Meditate, walk, scream into a pillow—whatever works. 2️⃣ Stick to Your Plan: Your strategy works because it’s tested, not because your emotions say so. 3️⃣ Journal Everything: Spot your patterns before they wreck you. 4️⃣ Manage Risk: Winning or losing streaks shouldn’t change your position size. Period. 5️⃣ Check Your Ego: The market isn’t out to get you. It doesn’t even know you exist. 🧠 Final Words Recency bias is a sneaky little troll, but with self-awareness and discipline, you can shut it down. Remember: your last trade doesn’t define you—your consistency does. Now stop letting your brain gaslight you and go trade like the pro you were meant to be. 🚀
Education
by RoadToAMillionClub
BTC, TON, SOL - Heavy LONG!If you’re looking for a potential entry point, BTC, TON, and SOL are currently highlighting the same compelling pattern, making a strong case for a long position. Let’s analyze the technical and fundamental factors suggesting an upward reversal could be imminent for all three assets. Fundamentally Strong Assets Every trade begins with solid fundamentals, and BTC, TON, and SOL all exhibit strong intrinsic value. This makes them strong candidates for recovery after recent volatility. Aligning technical indicators with their fundamental strength increases the likelihood of success. Significant 3-Day Drop Each asset has experienced a sharp decline over the past three days, signaling potential overselling. Such rapid drops often push assets into undervalued territory, creating an opportunity for a significant bounce, especially when paired with key support levels. Triple-Tested Support All three assets have tested their support levels three times, solidifying these zones as strong foundations. Multiple tests without a breakdown often signal a potential reversal, as sellers struggle to push prices lower. Outside Bollinger Bands Currently, BTC, TON, and SOL are trading outside their lower Bollinger Bands, a classic indicator of oversold conditions. This suggests that bearish momentum is waning, with a likely return toward the center of the bands. Below All Major Moving Averages (MAs) Prices for all three assets are sitting below their 50 MA, 100 MA, and 200 MA. While this might initially appear bearish, it also indicates they are in extreme positions, primed for a rally when momentum shifts. MACD and RSI Signal a Reversal MACD and RSI for BTC, TON, and SOL are signaling bullish momentum: • MACD: Showing signs of convergence or a potential crossover, often a precursor to upward movement. • RSI: In oversold territory, indicating undervaluation and readiness for recovery. Too Many Bullish Factors to Ignore With these overlapping patterns, BTC, TON, and SOL present rare alignment across both technical and fundamental indicators. • Timeframe: Can be short-term or long-term, depending on your strategy. For TON, Solana you can also invest in its ecosystem and utilize DCA strategies for risk management. • Target: 100% potential gain. • Position Details: Entered with Binance x25 leverage, $30 margin, total size of $770. • Risk Level: Medium, provided you’re ready to apply DCA for better control over your position. This confluence of signals creates a high-conviction trade opportunity. Are you ready to take advantage of it? But be cautious! This is still just gambling :)
BINANCE:BTCUSDLong
by themr-im
Bitcoin - live or die? Bitcoin bull is trying hard to defend the previous month/week low around 91,000 region.  If a daily candle closes below that line, all momentum indicators are likely to enter the bear territory.  In that case, I have to accept the probability that the price can come down as low as 73,000 area (Fib 0.618).  But my bias for Bitcoin is still upside so I am going to wait for an entry position to buy more.  I will wait for the daily MACD lines and RSI lines to cross and close above the descending trendlines in the bull territory.  Horizontal lines are more reliable than ascending/descending trendlines on a price chart, but  when I see clear highs and lows in the momentum indicators (4H, daily, and weekly), I draw a trendline and wait for the line to get broken. It often works really well to identify a good entry point.
CRYPTO:BTCUSD
by EbonyFalcon
BTC head and shoulders? (-.-)To me, this head and shoulders has many issues such as not being symmetrical, no actual head and a weak looking left shoulder. We haven't even touched the neckline yet and people are freaking out about it. If anything a better light to reframe this in is a potential triple topping pattern. That makes more sense than any kind of buzz word pattern we're forcing a bias onto the chart when it's not even fulfilled. If the neckline doesn't break, it's not a fulfilled pattern.
COINBASE:BTCUSD
by Lsabbott
Bitcoin | How to Master Ranges ?In our latest analysis ( BTCUSDT.P: Liquidation of Highly Leveraged Longs ) about ranges we had concluded that high leveraged longs would be liquidated, this was due to the belief of the indicators (cdv, volume footprint, etc.) that there were buyers. However, the lack of buyers in the current picture is a big problem, the data currently says so, but the data is not stable, it can change, you can follow this from volume footprints, cumulative delta volume, liquidation heatmaps. If you do not know how to use these, you can visit my profile, you can contact me, I explain how I use all these tools completely free of charge. My opinion today is that the price will sell nicely from the red line and the decline will deepen, and everyone who follows me knows that I have been repeating this opinion since $103,000. 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 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..
Long
by XU99
1
Crypto Alpha Report - January 08, 2025Happy Wednesday, friends! Today, I want to discuss the discipline necessary to consistently succeed in this market. It’s Wednesday morning, and I’ve been up since 5 am. I’ve worked out, showered, breakfasted, cared for my kid, and am already about an hour into my work day. I have a clear idea of what capital rotations I will make and what trades I’m considering putting on, and I’ve consumed my morning data. I don’t tell you this to toot my own horn. I’m showing you an example of what efficiency looks like, of what discipline looks like. Many mornings, I just want to stay in bed, not hit the weights, not hit the charts, and not read another newsletter. I don’t get out of bed because I want to but because I’ve made it a moral imperative. That was the trick to re-wiring my brain. Focus less on being “disciplined” and instead, make self-improvement and being consistent a moral issue for myself. That seemed to do the trick for me, as I have had a long history of battling depression and apathy. There’s no such thing as overnight success (at least long-lasting). Consistent results come from consistent inputs. You have to put in the work to be successful. I don’t find a trade every day, hell, most days. But the fact that I put in the time in front of my computer every day means that when an opportunity does come in front of me, I’m prepared to act on it with conviction. We’ll talk about conviction in tomorrow’s newsletter, but for today, let’s stick to discipline. To be a successful trader, you must put in the time every day. In the beginning stages, it will be about learning and backtesting. You need to carve out at least 1-2 hours per day to do it. You will have to sacrifice other things you want to do. But if you want this, you must make time to become good at it. That will only come with consistently putting in the time. If you want to start playing guitar, you won’t be so great in the beginning. But one hour of practice a day and after a few months, you won’t be so terrible. After two years, you’ll be jamming and the center of joy for the campsite (assuming your singing voice isn’t awful). It’s the same with trading and investing. Whether you want to full portfolio high conviction plays 1-2 times per year or risk 2% taking 2-3 trades per week, whatever your strategy or edge is, the market will not reward you if you don’t put the time in. Make this the year of buckling down, concentrating your efforts, and making this a serious occupation, not just a moonshot hobby. Onwards and upwards, friends! Crypto Market Update Stablecoin Dominance A continued movement up from this metric, +1.45% today. Daily momentum is still turned to the upside; however, we remain on a bearish trend with negative momentum—resistance at 5.96% of MC. This is a potential early warning sign of lengthier consolidation, but we’re currently just oscillating around the current Point of Control and the previous local high. Bitcoin + Stablecoin Dominance After three days of advance, this metric puts in a Doji indecision candle. Since we saw stablecoin dominance increasing, capital is rotating into altcoins. This is a good early sign of altcoin recovery moving forward. Altcoin Performance Relative to Bitcoin This metric is down -0.83% today, conflicting slightly with our previous metric. Potentially putting in a Hammer Reversal Candle, indicating buyers are beginning to step back into altcoins on this dip. Bitcoin Bitcoin continued to sell off throughout the night and early morning. However, buyers have stepped in and front-run support at $93,000. I do not expect Bitcoin to break down from our current trading range of $92,000 - $103,000 until January’s catalysts are out of the way. Trends 5M: Bearish 30M: Bearish 1H: Bearish 4H: Bullish D: Bullish W: Bullish While Bitcoin remains in a bearish short-term trend, Bullish Divergence is printing on the 30M and 1H timeframe, with 4H Volatility, maxed out and nearly oversold. Bitcoin is also now trading above daily VWAP, with a prolonged period of consolidation from $94-$95,000. Expecting either a recovery move upwards, however, it is still likely to re-test the range lows again. Key Levels POC: $93,637 VWAP: $95,768 Value Area High: $96,540 - $97,282 Value Area Low: $94,253 - $94,995 Next Liquidity Zone Above: $96,313 - $97,198 Next Liquidity Zone Below: $93,258 - $94,126 Bitcoin is showing substantial bullish divergence in both the 30M and 1H timeframes and some buying strength. There is potential for some recovery today. However, I still expect us to test range lows before making another push for $100,000 or even a bigger breakout, depending on January’s catalysts. Strategy: 6/10 Conviction that we push up today. I wouldn’t structure a trade here with tight invalidation. Indeed, I think it’s likely we will test $91,000 - $92,000 before pushing back up significantly like we saw moving into Monday morning. Bitcoin is in a consolidation pattern, trading in a wedge formation, and it will likely be later in January that we get a resolution. I expect buyers to keep price above $90,000 until Trump’s inauguration; there’s just too much potential juice left in the market. I would focus on building a swing position to the upside over the next couple of days.
BYBIT:BTCUSD.PLong
by CrackingCryptocurrency
Bitcoin (BTC/USDT) – Daily Analysis UpdatePrice Action Recap: Yesterday, Bitcoin was rejected near $102,500, causing a retracement to the current level around $96,000. The inability to clear the $100,000–$102,500 resistance zone has kept BTC under short-term bearish pressure. Key Levels to Watch: Resistance Zones: $100,000–$102,500: Critical level that needs to be breached to resume the uptrend. A rejection here could attract more selling pressure and lead to additional downside testing. Support Zones: $91,000–$93,000: Immediate support area that bulls must defend to prevent further losses. $85,000–$87,500: A significant horizontal support zone that coincides with prior consolidation areas and could attract strong buying interest if tested. Market Implications: A failure to reclaim $100,000–$102,500 would maintain downward momentum and weaken confidence in the short-term bullish case. Altcoins are particularly vulnerable during BTC’s downward moves, as dominance often rises in such scenarios, draining liquidity from alternative assets. Outlook: Bullish Scenario: A decisive break and daily close above $102,500 would signal renewed strength, opening the path to retest $110,000–$112,000. Bearish Scenario: A breakdown below $91,000–$93,000 could accelerate selling, targeting the $85,000–$87,500 zone as the next major support level. Conclusion: The $100,000–$102,500 resistance zone is pivotal for Bitcoin’s near-term direction. Bulls need to reclaim this range to reignite upward momentum. Failure to do so will likely result in a test of lower support zones, where a reaction will determine the broader trend.
by Richtv_official