Reason to worry on Alts?With Bitcoins huge institutional backing seeing it far surpass $100k and reaching a new high of $108k, it's easy to say that the biggest cryptos future looks bright, but what of altcoins? Looking at the TOTAL3 chart there are a few key points I'd like to highlight, some positive and some negative:
4H 200 EMA - This moving average is so important for the short/mid term bias. In a bear market we very rarely see trading above the 4H 200 EMA and vice versa in a bullmarket. Currently TOTAL3 is retesting the MA as support, with first tap wicking below and then a move back above, this is positive so far showing that buyers are willing to step in at this level. Bullish.
Bearish structure forming? - At its core, trading is simple. You buy low and sell high, now we all know there is more to it than that but the basics are still the most important. The trend is your friend, so lets analyse the trend.
Clear Higher high and Higher lows ever since the US election result, bullish structure/trend. However, we recently got our first Lower high since then and now the question is will we get a Lower low to flip the structure bearish? So far that is not the case ass the 4H 200 EMA swooped in to save the day but if price were to dip below the Daily support we'd have a trend flip on the 4H.
Since that is an IF, lets see what is happening now, a tightening of the highs and lows would equal an accumulation phase and in this instance an accumulation phase after a strong rally is a setup for the next leg which is bullish. Just got to keep an eye on that structure for now.
The formation of a downtrend - This ties into the structure point, like how we saw 8 months of "chop" on BTC which in reality was a downtrend after a strong rally, this chart pattern is looking similar to 4H TOTAL3 we see now. If we see a new LL at the downtrend support level I will switch to trading TOTAL3 as a range until proven otherwise.
Btc-bitcoin
Bitcoin is Ready to fill CME Gap!!!Bitcoin ( BINANCE:BTCUSDT )is approaching the Resistance zone($105,560-$104,940) , Downtrend line , and Cumulative Short Liquidation Leverage($105,654-$104,709) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . Probably wave 4 will end in the Resistance zone($105,560-$104,940) .
I expect Bitcoin to go towards filling the CME Gap($103,325-$101,840) AFTER breaking the Support line .
⚠️Note: US indices (Federal Funds Rate, FOMC Economic Projections, FOMC Statement) can affect the trend of Bitcoin; the possibility that the market will get excited when the indices are announced is very high.⚠️
⚠️Note: If Bitcoin breaks the Resistance zone($105,560-$104,940), we can expect Bitcoin to rise further, especially if Bitcoin touches $106,200.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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BTC - Let's Do It Again!Hello TradingView Family / Fellow Traders, this is Richard, also known as theSignalyst.
📈 As per my last BTC analysis (attached to the chart), BTC rejected the blue circle zone and made a new ATH.
If you missed it, we might have another opportunity to catch it again.
The new blue circle marks the intersection of a key structure, the lower blue trendline, and the $100,000 round number.
📚 According to my trading style:
As #BTC approaches the new blue circle, I will be looking for bullish reversal setups (such as a double bottom pattern, trendline break, and so on).
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~ Rich
KASPA - Poised for an Upward Trajectory (TA+TRADE PLAN)Technical Analysis of KASPA (KAS/USDT)
Falling Wedge Pattern:
The chart indicates a classic falling wedge pattern, a bullish reversal formation. The price is approaching the breakout point where resistance has converged with support, as marked on the chart.
The breakout above the resistance line suggests a potential upward trend.
Volume Analysis:
A spike in trading volume near the breakout area confirms increased interest and possible momentum shift.
Momentum Indicators:
VWMCipher B Divergences: Displays bullish divergence, supporting a potential price increase.
RSI (Relative Strength Index): At ~27, indicating oversold conditions. This signals a potential upward price movement as the asset appears undervalued.
Arty Money Flow Index (MFI): At ~24, indicating an oversold condition with possible accumulation.
Stochastic Oscillator: Oversold levels at 32.5, crossing upwards, indicating a buy signal.
Potential Targets:
Short-Term Target: $0.14 (breakout confirmation).
Mid-Term Target: $0.18 (previous resistance level).
Long-Term Target: $0.22–$0.24 (major resistance zone from earlier trends).
Risk Level:
Support at ~$0.12. A breakdown below this level invalidates the bullish thesis, making this a critical stop-loss level.
Trading Plan
Entry Points:
Initial Buy Zone: Enter near the breakout point (~$0.128-$0.132) to capitalize on bullish momentum.
Confirmation Entry: Add to the position once price closes above $0.14 with strong volume.
Stop Loss:
Place a stop-loss slightly below $0.12 (e.g., $0.118) to limit downside risk if the breakout fails.
Profit-Taking Strategy:
First Take-Profit (TP1): At $0.14 (~10% gain) to secure initial profits.
Second Take-Profit (TP2): At $0.18 (approximately 40% gain from entry).
Final Target (TP3): $0.22-$0.24 for long-term holders seeking maximum gains.
Position Sizing:
Allocate 2–5% of your portfolio, depending on your risk tolerance. Keep capital reserved for potential averaging down if needed.
Trailing Stop:
Implement a trailing stop once the price exceeds $0.18 to lock in profits while allowing room for further upward movement.
Risk Management:
Maintain a Risk-Reward Ratio of at least 1:3. Adjust trade size to manage risk effectively.
Monitoring:
Regularly check volume trends, RSI levels, and significant market news affecting KASPA.
Be cautious of overall cryptocurrency market sentiment, as broader trends often impact altcoins.
This falling wedge setup, combined with oversold indicators and volume confirmation, suggests KASPA is primed for a bullish breakout. Stick to the trading plan and employ disciplined risk management to maximize returns while minimizing potential losses.
Satoshi- Over time, everything diminishes, including opportunities.
- You won't achieve the same percentage gains as those who joined in 2011.
- However, when you calculate and compare these numbers with inflation, you'll find yourself consistently on the winning side.
- One day, people won’t measure value in BTC anymore. They’ll measure it in Satoshis.
- It's still early, secure your financial freedom.
Happy Tr4Ding !
ETF BTC APROVAL LONG 46000 "Decentralized Finance (DeFi) Disruption: Unleashing the Power of Financial Inclusion"
Introduction:
In recent years, the rise of decentralized finance (DeFi) has been nothing short of revolutionary in the world of cryptocurrencies. This bullish idea explores the potential of DeFi as a game-changer in the financial industry, bringing about increased financial inclusion, accessibility, and empowerment.
BTC DECEMBER FOMC Going into FOMC the consensus is we'll see a 25bps cut from the FED (95% chance), this would take interest rates from 4.75% to 4.5%. Because the expectation of a cut is so certain, we can assume that the markets have priced this in so baring any craziness in the form of a different result we should see market sentiment remain the same, bullish.
A FED pause,(although unlikely according to data) would be very bearish in the the short term in terms of volatility. I would expect to see price revisit the $98-99K mark where the 4H 200EMA would roughly be. In a bullmarket the 4H 200EMA can be used as a great support level often bouncing off of it.
For a 25bps cut which is the expected outcome, we have two paths IMO. The bullish path is consolidation under the ATH then a break above, retest and off we go towards $110,000. The bearish path is a loss of this key S/R level after a consolidation above support and break under with a confirmed retest of new resistance. I know it's typical "could go up, could go down", however it's the context that matters here.
Alts have taken a back seat for the last week or so, BTC.D at a key level and a rejection off this level would mean alts can play catch-up while as BTC consolidates. We very rarely see BTC drop and altcoins pump so this is the most likely outcome to me baring no upsets in FOMC.
short 107900 with tp at 100500 sound legit target it will go here easily and i think much more or bit more
but for no risk i take this legit target after the rally he just done its amazing
i not make stop loss in this scenario coz if he go to 110 000 i will had 1 lot and keep my target
if he go 115 000 same...no leverage if u have small balance then apply your RR
Weakness Prevails Below Key LevelsChainlink continues to show bearish momentum after losing key support levels.
Key Observations:
dVAL and pdVAL Lost – LINK has dropped below the daily value area low (dVAL) and remains weak with no significant new volume coming in, indicating a lack of buying interest.
Swing Low Taken Out – LINK has taken out the swing low at $28, but the volume remains low, showing weak follow-through and limited buying activity.
pdVAL and pdPoC Resistance – The previous daily value area low (pdVAL) and the previous daily point of control (pdPoC) are both situated at $29, now acting as a strong resistance level. Bulls must reclaim this area to regain strength.
Lack of Bullish Defense – Bulls are failing to defend key levels, further signaling weakness.
Below Key Levels – LINK remains below the weekly open (wOpen) and the daily open (dOpen), confirming a bearish bias.
Target Levels:
Bearish Targets:
pwOpen (previous weekly open) coincides with the daily level at 26.09, making this a significant confluence area for potential support.
The 0.5 Fibonacci retracement at 25.61 strengthens this zone as a next key downside target.
Next Major Zone: The green support area below 26.09 remains a potential demand zone if selling pressure persists.
Summary:
With LINK taking out the swing low at $28 on low volume, remaining below dVAL, pdVAL, dOpen, and wOpen, the bearish momentum remains intact. The pdVAL and pdPoC at $29 now serve as strong resistance. The next major downside target lies at 26.09, where confluence with the pwOpen and daily level strengthens the support zone.
Bitcoin 2020-2021 x 2024-2025#Bitcoin 's parabolic run, which started in early September 2020, continued on its way more harshly after a healthy correction phase towards the end of November.
CRYPTOCAP:BTC 2024 's parabolic run, which started in early September, will continue more harshly after a healthy correction towards the end of November.
2020-2021 x 2024-2025
$BTC to 120k-130kBitcoin sell-side liquidity has been slowly eaten away by buying pressure.
The order book isn't as tilted towards sellers as it was last month, it's getting more balanced.
Buyers are still gobbling up what's left of the supply, liquidity was being eroded.
With less supply, it's easier for buyers to push the price up.
Buyers keep chowing down on the supply that's slowly disappearing.
There's not much big supply until we hit 110k, the trend is still strong.
On this vertical accumulation, if we can stay above 104k to 102k (weekly rvwap) , I'm expecting a rally towards 120k-130k zone, before we move in range again.
Coinbase had a negative premium all the way up to 106k, which is weird because spot trading was mostly at a premium (which is a good sign).
We're in one of those moments where Bitcoin is just soaking up all the liquidity.
The altcoins are looking pretty weak while Bitcoin hits all-time highs. This isn't unusual when Bitcoin starts figuring out its price. Just be patient; the market will cycle back around.
Bitcoin Hits New All-Time High of $107k — Is $150K Next? Bitcoin ( CRYPTOCAP:BTC ) has once again shattered expectations, climbing to a record-breaking $107,000. This milestone follows a 3.68% surge over the weekend, with bullish sentiment fueled by a surprising announcement from President-elect Donald Trump.
Bitcoin Price Today
Bitcoin’s recent rally can be attributed to President-elect Donald Trump’s pledge to establish the U.S. as the global center for Bitcoin and cryptocurrency innovation. During a CNBC interview on Sunday, Trump unveiled plans for a U.S. Bitcoin reserve, emphasizing the need for the country to lead in digital assets. This announcement sparked a surge in buying activity, propelling Bitcoin to its new all-time high of $106,727.
The market’s reaction underscores the growing influence of policy decisions on crypto prices. Trump’s pro-Bitcoin stance has injected optimism into the market, with investors viewing it as a step toward broader institutional adoption and regulatory clarity.
Technical Analysis
From a technical perspective, Bitcoin is currently trading at $106,893, slightly off its daily high of $107,080. The recent breakout above the psychological $100,000 level signals strong bullish momentum. Key technical indicators suggest further upside potential:
1. Relative Strength Index (RSI): While the RSI stands at 71, indicating overbought conditions, historical patterns show that Bitcoin can remain overbought during strong uptrends.
2. Support Levels: In the event of a local correction, support ranges are identified at $97,500–$99,500 and $94,100. These levels could provide buying opportunities for traders looking to enter the market.
3. Resistance Levels: Bitcoin faces minimal resistance in uncharted territory. The next significant psychological level is $110,000, followed by the ambitious $150,000 target predicted by analysts.
Market Dynamics
Bitcoin’s 24-hour trading volume stands at $110.4 billion, with Binance leading the charge. The exchange’s perpetual and spot trading volumes contribute significantly to Bitcoin’s liquidity. This robust trading activity underscores the market’s resilience and readiness to absorb high volumes.
Outlook: Can Bitcoin Reach $150,000?
The path to $150,000 hinges on several factors:
1. Macroeconomic Environment: Continued pro-crypto policies from global leaders could drive institutional inflows and bolster market confidence.
2. Technical Breakouts: A sustained move above $110,000 would validate the bullish continuation pattern and set the stage for a run toward $150,000.
3. Market Sentiment: Despite overbought conditions, Bitcoin’s historical performance during Q4 and Q1 suggests strong potential for further gains.
However, traders should remain cautious. The RSI’s overbought reading and the potential for profit-taking at key levels could trigger short-term corrections. Risk management is crucial, as the market navigates these uncharted waters.
Conclusion
Bitcoin’s new all-time high of $107,000 marks a significant milestone, driven by both fundamental and technical factors. President-elect Trump’s pro-Bitcoin stance has ignited fresh optimism, while technical indicators and on-chain metrics point to continued bullish momentum.
With $150,000 as the next ambitious target, the crypto market is buzzing with excitement. Will Bitcoin continue its ascent, or will a correction provide a breather before the next leg up? Only time will tell, but for now, the flagship cryptocurrency is firmly in the spotlight.
16/12/24 Weekly outlookLast weeks high: $106,649.88
Last weeks low: $94,177.33
Midpoint: $100,413.61
A new ATH for BTC last week as we saw $106K for the first time, truly amazing price action since the Trump election win. NASDAQ:MSTR , IBIT and other massive institutions are continuing to buy with more companies having rumoured to add BTC to their balance sheet, demand is strong and does not seem to be going away as we go into the end of the quarter/year.
This week we have many different data releases from the UK, US & ECB. Naturally volatility is expected around these events, it also makes traders a little tentative to enter into trades, I would say this is more accurate during bear markets/ choppy conditions. Right now we're in a strong Bullrun and therefor the momentum is less news data driven and more a race for institutional buying, It's a given at this point that we're in a period of rate cuts and so that is factored into price.
Altcoins have seen a recent pullback despite BTC pushing higher, this is as a result of the BTC.D chart tanking when alts took the liquidity from BTC profits and so dominance did see a correction. This latest BTC move up while alts are down is just a continuation of BTC.D continuing its surge as it always does in the Bullrun before the true altseason where alts outpace BTC after a blow-off top.
This week I'd like to see BTC come through data events unscathed with altcoins bouncing off the 4H 200EMAs and starting the next leg up going into year end.
Chainlink LINK/USDT: SHORT, Bearish Divergence Detected.Leveraging our Adapted RSI w/ Regime Detection we can easily identify this bearish divergence alongside the weekly rsi signal suggesting Sell.
Whilst higher timeframe orderflow is still bullish upon retest of $22-$23 - I would keep a close eye on intraday order flow heading into early this week as we have important economic data, notably BOJ policy rates decision later in the week, which implies increased volatility and likely, manipulation.
Bitcoin Analysis ==>>Ready for Correction!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($102,280-$101,000) . (We saw the fake break ).
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulsive waves , and we should wait for corrective waves .
Signs of the completion of the main wave 5 in the one-hour time frame:
1-BTC broke the Uptrend lines .
2- Shooting Star Candlestick Pattern formation
3- Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to fall to at least the Support zone($99,600-$98,000) in the coming hours .
⚠️Note: If Bitcoin goes above $102,540, we should expect a new All-Time High(ATH).⚠️
⚠️Note: If the Support zone($99,600-$98,000) is broken, we should wait for Bitcoin to fall at least to $96,500.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$BTC is Preparing for a Big Rise Again!#Bitcoin had made a big run after closing the 3-week candle in November on the Fibonacci 1.618 level, which was obtained by reference to the July 2023 peak and September 2023 bottom point.
Likewise, the third weekly candle is about to be completed on the Fibonacci 1.618 level, which is obtained by taking the March 2024 peak and August 2024 bottom point as reference.