BTC-D
ETH Bearish divergenceEthereum is currently displaying signs of a bearish divergence on lower timeframes, a signal that often indicates a potential slowdown in upward momentum and the likelihood of a correction. Despite the bearish signal, the ongoing correction appears to be relatively shallow, suggesting that the underlying bullish structure remains intact.
A retracement to the 0.382 Fibonacci level could present an attractive buying opportunity for traders looking to enter at a lower risk point. This level is often viewed as a key zone for price reactions during corrections, providing a favorable balance between value and momentum for long-term positions.
Here is a quick analysis based on the new BTC/USD chart.The chart shows a significant upward trend in Bitcoin's price. It seems that the price has broken out of the previous consolidation channel and is now heading towards a major ascending resistance area, the upper boundary of which represents nearly $100,000.
Bitcoin maintains an upward trajectory with strong support from the lower trend lines.
The $88,000 to $100,000 target area is a strong resistance area where we could see some price consolidation or rejection.
If BTC can break this resistance with strong momentum, it could signal a substantial long-term bullish phase.
Be wary of potential pullbacks as BTC approaches these key resistance areas. Let me know if you would like more information on specific indicators or trendlines!
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Volatility Period: November 9-11
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
-------------------------------------
(USDT 1D chart)
It's showing a big gap uptrend after a long time.
It seems that a lot of funds are flowing into the coin market.
(USDC 1D chart)
USDC is also showing a gap uptrend.
--------------------------------------
(BTCUSDT 1D chart)
It touched the left Fibonacci ratio 1.618 (76787.43) point.
And, the BW indicator has risen to the 100 point.
The BW indicator is an indicator that comprehensively evaluates the MACD, StochRSI, OBV, and ATR indicators.
Accordingly, if the BW(100) line is generated when the BW indicator falls from 100, it is highly likely to lead to a decline, so caution is required when trading.
If the decline begins, the key is whether it can be supported around 71280.01-72344.74.
The 71280.01 point is the BW(100) point of the 1M chart, so if it shows resistance near 71280.01, it is likely to show a large decline.
(For this discussion, please refer to the idea of "Never HODL at the highest point even if the profit is small.")
However, since the BW(100) point of the 1W chart is created at the 68393.48 point, if it falls below 68393.48, it is expected to lead to a sharp decline.
-
Since it is out of the upper part of the linear regression channel, it will soon enter the channel.
At this time, you should check whether the BW(100) line is created and think about a countermeasure for it.
Based on the above, I think it is a good idea to set the 72344.74 point as the stop loss point and re-select the start of trading based on the movement thereafter.
-
If it is supported and rises near the left Fibonacci ratio 1.618 (76787.43), the next target is near the right Fibonacci ratio 1.618 (89050.0).
However, before that, there is a possibility of resistance in the 79902.66-80999.68 range and near 83646.12, so you should also consider countermeasures for this.
-
If you are thinking of making a new trade, I think it would be good to start by confirming that the price has entered the linear regression channel and is supported at the support and resistance points.
If you want to trade right now, I recommend buying when the BW(100), HA-High indicators on the low time frame chart break upward and show support.
If the BW(0), HA-Low indicators are generated, buy when they show support.
The 5EMA on the 1D chart is passing around 74K.
Therefore, high volatility is expected to occur when touching the 5EMA on the 1D chart.
-
Have a nice time.
Thank you.
--------------------------------------------------
- Big picture
The real uptrend is expected to start after rising above 29K.
The area expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Bitcoin Log Trend Curve - Feb 2025 peakJust wanted to draw a curve matchin the logarithmic trend of BTC price.
By this estimate we see a peak in Feb 2025 of about 95,000. But the price would only go down or sideways from here. I drew these lines in October of 23, but never published it - and so far it's following the trend. Just a fun thing I wanted to try, idk if it means anything.
What do y'all think...Shall we continue the groove?Hey everyone, just messin around with random ideas. Who knows, honestly just wanted to publish this because it might just work.
Some close numbers in the previous two bear to bull cycles. I just measured the highs&lows of previous cycles along with duration.
The numbers for the two previous full cycles were pretty close, so I just mapped the average out for our current situation.
Still can retest lows but too much beyond that is probably out of sight.
Dunno, not financial advice and just experimenting.
Any insight?
Hope everyone is well, thanks for your time.
Continuation of the altcoin bull run in the new weekTo date, the market has moved to the main movement of the quarterly candle, in anticipation of which purchases have been going on all last month. I have outlined the goals for bitcoin in previous reviews, it is 90-100k by spring, with the reaction of the altos after fixing the cue ball above 75k. On the air, I think the situation will be more difficult, because I expect the continued growth of the dominance of the cue ball. At the moment, after opening the month above 2500, we headed for the test of the 3000-3250 range, which I designated as the target. Further, the dynamics are likely to become more complicated. From 3250-3400, there is a possibility of a rather sharp correction for a retest of 3000. But the growth interval at the moment is the first half of the month at least, and therefore, from the middle of the week, I think growth will resume with an attempt to test the key level of 3500, opening the way to 5000.
The fate of the monthly candle will be decided after the middle of the month has passed and, given the opening of the month in the flat zone below 2750, there is a possibility of a major pullback as part of a correction on the monthly schedule. That is, after the growth next week, I recommend taking a closer look at the market and money management, reducing positions by the end of the week. Since the probability of growth prevails until the end of the year, after a monthly pullback, purchases can be expected to resume by the end of the month with the trend continuing in December. This week, the reaction of the altos to the entrenched trend of the cue ball began, but in the coming week we can expect more intensive purchases after a possible pullback at the beginning of the week.
After the prolonged fall of the altos, the current breakouts are a movement against the bearish trend and indicators, which makes the growth rather short-term and unstable. This dynamic makes many altos quite dangerous, because in the absence of a breakdown in the wake of market growth, coins can continue the formed bearish trend with taking lower levels.
The coins that I considered for work, regardless of the market, there is a very good dynamics. Almost everything provided good earning opportunities. At the moment, another delisting has taken place and in anticipation of a new announcement, I recommend avoiding working with coins of the monitoring tag in the first half of the week because they may get into the next delisting. Starting from Wednesday afternoon, oax and vite can be considered again. Pros has worked out the target on a retest of 0.75 and is quite overbought, so far I am not considering it for work. Firo and akro can also show an increase of up to 50%+.
Among the more reliable options for working without a monitoring tag, vib and ast remain the most interesting, with a growth potential of up to 50-70% from current levels at least. Ast has an incomplete emission and has been delisted from okx, which is why it is worth working with it more carefully than with vib. Given the delisting from another exchange, I think ast may be assigned a monitoring tag in the future, which will lead to a sharp drop.
Along with vib, I consider gft as the main tool for work. Despite the monitoring tag, the token has great liquidity and growth potential with targets at a retest of 0.025-35 at least.
My thoughts are giving me no peace with this idea 2 I've updated my expectations regarding the altseason after reviewing the statistics. I believe the growth of altcoins will happen in two phases: first, a drop in Bitcoin dominance to 40%, followed by a recovery to 45-50%, and then a crash below 30%. I'll share any updates if I make any fixes. The scenario is invalidated if dominance rises to 65-70%
Alikze »» GRT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H
- In the analysis presented in the weekly time frame , it was mentioned that an AB=CD pattern has been formed.
- It is moving in an ascending channel in the 8-hour time frame.
💎 In the OB area, it can face the demand again by creating demand and liquidity hunt at the bottom of the channel and continue its growth up to the top of the channel.
- Then I expect it to continue its growth to the supply area to form the third wave or wave C.
⚠️In addition, if the correction extends to the Invalidation LVL range, the bullish scenario in the 8-hour time frame is invalidated and must be reviewed and updated again.⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:GRTUSDT
TOTAL market cap chart screaming buy signalIf you're not long crypto I don't even know what the heck you're doing, if you call yourself a financial speculator...
Last time a signal fired in this timeframe it was in October 2023, at 1.15T market cap.
Upside to 5 to 9 trillion by July 2025 is in the cards.
Get long crypto!
Best of luck!
Cheers,
Ivan Labrie.
BRIEFING Week #45 : What a FireworkHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
Bitcoin Upward WavesSince the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There are two possible areas for the current Bitcoin't correction wave. The first is the purple triangle, and the second is the orange one. The only difference between these two areas is that if the Bitcoin reaches the orange triangle, the major ascending channel will be invalidated, since Bitcoin has breached the channel's bottom. Let's see what happens.
Bitcoin- Signs of a bottom formation?Hey everyone,
what a crazy time to be in this space right now! Hope you all are fine out there! No matter if you made it through this mess or not, money comes back, always remeber that!
There will be tons of new opportunities out there in the future, this space is just evolving more and more. As scammers get revealed, people will be much more cautious, as it should be.
The one sector which I think will rise much stronger from the ashes of this whole situation will be the defi sector.
Don't trust, verify!
I don't want to talk more about this topic, so lets get right to the charts:
RSI is clearly in the buttoming territory, which has always marked the buttom relatively accurate.
More and more folks out there are shouting again "this time it's different", and they will always shout it out while sitting at or near the buttom.
That's the way market psychology works. Buttoms are created when there are no sellers left at these prices. People like these already sold and are waiting for much lower prices.
The next chart shows that we are sitting right at strong support of the total crypto marketcap:
Moreover I always like to compare price fluctuation of Ethereum relative to Bitcoin (orange line).
As you can see, imbalances in the relation of the Altcoin market to BTC often showed prominent turning points, or an imbalance in the otherwise highly correlated assets:
Let's look at the volume, shall we:
As always said in my previous posts, volume and price action are the two main factors everybody should watch.
The volume spikes we can see right now can mark the buttom, as it always did. And again, I stick to what is most likely, not to the exception!
Technically, ETH and a lot of Altcoins did not make a lower low like BTC did. So what do we need for confirmation, that this could really mark the buttom?
Reclaiming and pushing though the area of 19k - 19,5k (orange box in the image above) and also holding above 19,5k.
I could also point out that we are again in the territory where the costs of mining BTC is not profitable anymore for a lot of miners around the globe, which has also marked the buttom territory everytime.
As Satoshi said: the price will always come back to the cost of production.
It will fluctuate around this price level and eventually come back to test it from time to time. As most of you know I guess, these will rise constantly due to the halving.
There are a lot more things I could show here but I guess it's enough, these are the most important facts in the Charts in my personal view.
But I will not end this post without pointing out the current market sentiment: It is crazy bearish, as it always will be in buttom territories.
Right now everyone looks into the same direction, lower prices. Ask yourself the question: when was the last time nearly everybody was convinced that prices HAVE TO be heading in one direction?
The crowd is never right, and right now we are at the extreme end of that bearish sentiment.
Timing the REAL buttom exactly to the tip is not what I strive for and also not a realistic thought.
Finding the right range which should be a good spot for buying and holding for a longer period of time is the key element in my strategy. This is what I aim for.
*** Keep in mind that this is NOT A FINANCIAL ADVICE, just my own thoughts about the market! ***