BITCOIN → New targets! What will happen to ALTCOINS ?BINANCE:BTCUSD went into consolidation after a failed attempt to break through the 108K resistance. Nothing terrible happened, the weekly structure is quite strong, and the market needs to build up its potential. What is happening and what to expect in the future?
In the week ahead, the focus is on the US rate meeting, GDP and PCE. If the US macroeconomic data disappoints, it could lead to a lower dollar and more interest in BTC.
As for Trump, he may give a good driver to the market if he pushes for the inclusion of BTC in the federal reserve, which is what the crypto trading community is waiting for now. But, it should be realized that tight US monetary policy and possible further rate hikes create pressure on high-risk assets, including bitcoin.
In a sideways moving environment, BTC dominance remains stable, around 50-60%. Altcoins are more likely to perform weakly in such an environment, with the exception of a few highly liquid assets.
If BINANCE:BTCUSD drops to 91.7К - 95К USD, it is likely that capital will continue to stay in BTC as investors focus on risk mitigation. Altcoins can only show growth if bitcoin has a new momentum above 107,400 USD.
Resistance levels:106.9, 107.5
Support levels: 102.5, 99950
Because of the strong resistance, the price is very likely to test one of the key support levels. And already from 102.5 - 100K a rather aggressive rebound may follow. But it is necessary to observe the character of the price and its approaching to these or those strong levels. Sharp movements often end in reversals, when smooth and gradual heralds a breakout.
Regards R. Linda!
Btc-e
Bitcoin’s Next Movement=>Symmetrical Triangle!!!On January 24, 2025 , the latest U.S. Flash Manufacturing and Services PMI data was released, revealing mixed signals about the economy . These indicators often influence market sentiment and could drive volatility in Bitcoin and others.
Manufacturing PMI : Rose to 50.1 in January from 49.4 in December, signaling a slight improvement in manufacturing conditions.
Services PMI : Declined to 52.8 from 56.8 , marking the slowest growth in nine months .
Potential Impact on Bitcoin( BINANCE:BTCUSDT ) :
The slowdown in the services sector may lead to increased market uncertainty, potentially driving investors toward alternative assets like Bitcoin. However, the modest uptick in manufacturing could offset some of this uncertainty.
Overall, Bitcoin might experience heightened volatility as markets react to these mixed economic signals.
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Regarding the news of the last 24 hours that came in the crypto , the news has been positive as in the past days and weeks:
President Trump signs an executive order for a national Bitcoin strategic reserve.
SEC Eases Rules for Banks to Safely Hold Bitcoin and Crypto.
In general, from Donald Trump's inauguration until Trump's speech , the crypto market has been very excited , and we even saw a bull trap in the Bitcoin chart.
Generally, the news can affect the trend , but we must also pay attention to the technical zones on the chart .
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Now, let's take a look at the Bitcoin chart on the 1-hour time frame .
Bitcoin is moving in the Resistance zone($107,300-$105,400) near the upper lines of the Symmetrical Triangle .
Educational Tip : A symmetrical triangle is a continuation pattern where the price forms converging trendlines of lower highs and higher lows, indicating market indecision. A breakout usually follows, signaling the trend's direction.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Bitcoin to once again decline to at least the lower lines of the symmetrical triangle . In general, if any of the lines of the symmetrical triangle are broken, Bitcoin can continue in the same direction .
Note: In general, the Volume Trading on Saturday and Sunday is low, and if Bitcoin fails to break the upper lines of the symmetric triangle in the next few hours, we can expect Bitcoin to correct to the first target that I specified in the chart.
Note: If Bitcoin goes above $108,520, we can expect Bitcoin to increase at least to Cumulative Long liquidation Leverage($111,053-$109,594).
Can Bitcoin make a new All-Time High(ATH)!? Please share your ideas in the comments.
Please respect each other's ideas and express them politely if you agree or disagree.
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.
BITCOIN - Price can continue to move up inside wedge patternHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few moments ago, the price declined to support level, after which at once bounced up to resistance area.
Then BTC started to decline inside pennant, where it quickly declined from resistance area to support area.
After this, price bounced from the pennant's support line, broke the $94200 level, and exited from the pennant pattern.
Next, price rose to $102700 points and made a correction move to $90800 points, after which started to grow in wedge.
In wedge, BTC rose to $106500 level and even rose higher, reaching a new ATH and then fell back.
Now I expect that Bitcoin can correct to support line of wedge and then rise to $112K, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BITCOIN What will happen in the short term ?According to my calculations, the price will reach $112K in the short term.If triangle not broke from down!!
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Good prices to buy Solanahello friends
This currency experienced a strange pump and then the price stayed in the channel for about 230 days.
Then, with the strength of your channel, you were able to show yourself
Now it is pulling back to the top of the channel and the price is right to enter.
There are three purchase steps that seem attractive and we have specified them for you.
Don't forget capital management, friends.
Be successful and profitable.
HelenP. I Bitcoin can correct to support level and start to growHi folks today I'm prepared for you Bitcoin analytics. In this chart, the price declined to the trend line and then rebounded and started to grow inside the pennant, where it soon reached the support level. After this movement, the price broke this level, which coincided with the support zone and made a retest, after which continued to move up to the resistance level, which coincided with the resistance zone. Then BTC made the small correction, after which in a short time, it rose to the resistance zone and then made a correction movement to the 99500 support level. Next, the price made a strong impulse up to 109560 points (NEW ATH), breaking the resistance level, but soon turned around and dropped back to the trend line. Price some time traded near the trend line and then rose to the resistance zone, after which turned around and started to decline. In a short time, BTC fell to the trend line, broke it, thereby exiting from the pennant pattern also, and then continued to fall. At the moment, the price continues to decline and I expect that BTCUSDT will decline to the support level and then start to grow to the resistance level. For this level, I set my goal at 105800 level. If you like my analytics you may support me with your like/comment ❤️
BITCOIN will reach $1 million in 2041.Bitcoin / BTCUSD hit last month the once unthinkable benchmark of $100k.
It took 2 Cycles to do so since it reached the previous benchmark of 10k.
The log sequence of hitting those benchmarks started at $0.10. It took quarter (0.25) Cycle to go from 0.10 to $10, i.e. x100 jump.
The next x100 increase was from 10 to $1000 and it took BTC half (0.5) Cycle to do so.
Then we move to the x10 jumps, 1000 to $10000, which took it a perfect 1 Cycle.
We already discussed above 100k and the pattern is obvious. For each of those logarithic jumps, Bitcoin needs double the time, i.e. it doubles the previous Cycle expectancy.
This means that for the million dollar mark ($1million), it should take 4 Cycles to do so (2 Cycles it needed from 10k to 100k x 2).
This gives us a rough estimate for the end of 2041!
Realistic or not in your opinion?
Follow us, like the idea and leave a comment below!!
Bitcoin’s Big Move: Can It Hit $126K or Drop to $70K?Good morning, trading family!
Bitcoin (BTC) is at a key point right now. If it breaks above $107K, there’s a good chance we’ll see it climb to $117K, and if it keeps going, $118–$119K could be next. From there, it could push all the way to $126K.
But here’s the flip side—if we hit one of those levels, I’m expecting a correction. That could bring BTC back down to $80–$86K. If that doesn’t hold, we might even see it drop to $70K.
If this helped, I’d love to hear your thoughts! Feel free to like, comment, or share. Let’s trade smarter and live better!
Kris/Mindbloome Exchange
Trade What You See
Bitcoin is Ready to Pump againDonald Trump , the President of the United States , is set to deliver a speech today, January 23, 2025, at 4:00 PM GMT . The crypto community is eagerly watching to see if Trump will address cryptocurrencies, particularly Bitcoin, during his remarks. While any mention of crypto could have a significant impact on the market, a lack of commentary on the subject might leave crypto enthusiasts disappointed, especially those hoping for it to be a focal point in his agenda.
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As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) has declined to near the Support zone($100,600-$99,530) .
Bitcoin is moving near the Resistance zone($103,400-$102,320) and Resistance lines .
I expect Bitcoin to rise to at least $105,000 after breaking the Resistance lines and Resistance zone($103,400-$102,320) .
Cumulative Long liquidation Leverage: $100,807-$98,472
Note: If Bitcoin goes below 50_SMA(Daily), we can expect more falls.
Please respect each other's ideas and express them politely if you agree or disagree.
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.
VIRTUAL - A Long Opportunity or More Pain Ahead?VIRTUAL has dropped over 50% from its all-time high of $5.14, now trading around $2.50. A head and shoulders pattern has formed, with price currently testing the neckline, a bearish sign that could signal further downside. Let’s break down potential targets and trade setups.
Key Levels and Support Zone:
1.) POC from December 2024 Range:
Located at $1.67, a significant level from previous trading activity
2.) Anchored VWAP:
Taken from the lows, currently around $1.62, reinforcing the $1.66 zone as strong support
3.) Fibonacci Retracement (Log Scale):
The 0.382 Fib from the recent wave sits at $1.77, providing additional confluence for the support area
4.) Trend-Based Fibonacci Extension:
The 0.786 Fib aligns at $1.71, further strengthening the $1.70–$1.80 range as a reliable support zone
Trade Setups:
Short Setup:
Entry: $2.836 (Fib retracement 0.618 from the current downtrend)
Target: around $1.80
Stop Loss: Above $3
Risk-to-Reward: 5:1
Potential Drop: 30–40% from the entry level
Long Setup:
Entry: $1.70–$1.80 range
Target: Depends on confirmation and take profit areas. A realistic initial target could be around $2-$2.30
Stop Loss: Below $1.52
Risk-to-Reward: 2:1 or better depending on take profit strategy
best tips and strategies to avoid losing money while trading solTrading Solana meme coins (or any speculative assets) can be risky, but there are strategies you can implement to reduce the likelihood of losing money. Here are some tips and strategies:
🔸### **1. Perform Thorough Due Diligence**
- **Project Research**: Investigate the team, roadmap, and purpose of the meme coin. Look for transparency and active community engagement.
- **Smart Contract Audit**: Verify if the project’s code has been audited by reputable firms to rule out vulnerabilities or malicious intent.
- **Tokenomics**: Understand the coin's supply, distribution, and vesting schedules to assess inflation risks.
- **Liquidity**: Check the total locked liquidity and if it's controlled by trusted third parties (like in a locked contract).
🔸### **2. Be Cautious with New Listings**
- **Avoid FOMO**: Don't jump into a token right after its launch due to hype. Often, prices spike initially and then crash.
- **Verify Listings**: Ensure the coin is listed on reputable platforms like CoinGecko or CoinMarketCap and recognized by reliable exchanges.
🔸### **3. Use Risk Management**
- **Position Sizing**: Only invest a small portion of your portfolio in highly speculative meme coins, such as 1-5%.
- **Stop-Loss Orders**: Set stop-loss orders to automatically sell your coins if the price drops to a certain level.
- **Profit-Taking**: Use a systematic approach to secure profits, such as selling a portion after the coin gains a specific percentage.
🔸### **4. Avoid Projects with Red Flags**
- **Anonymous Teams**: Be cautious of projects with unknown or unverified developers.
- **Low Liquidity**: Avoid coins with low trading volumes or liquidity, as you may not be able to sell without affecting the price.
- **Over-Promises**: Be wary of projects that make outrageous claims, such as guaranteed returns or revolutionary technology without proof.
- **Excessive Marketing**: Projects focusing more on memes and hype than utility are often short-lived.
🔸### **5. Check for Rug Pull Indicators**
- **Owner Privileges**: Analyze the smart contract for owner permissions that allow for token minting or draining liquidity.
- **Liquidity Lock**: Ensure the liquidity pool is locked for a significant period (e.g., 6 months or more).
- **Token Distribution**: Avoid coins where a single wallet holds a large percentage of the supply, as this indicates a risk of dumping.
🔸### **6. Use On-Chain Analysis Tools**
- **Explorer Tools**: Platforms like Solscan and Solana Explorer can help analyze token distribution, liquidity, and transactions.
- **Rug-Detection Tools**: Use services like RugDoc or Token Sniffer to evaluate the safety of the project.
- **Social Analytics**: Monitor community activity on Discord, Telegram, or Twitter to gauge organic growth and sentiment.
🔸### **7. Diversify Your Investments**
- Don't put all your money into one meme coin. Spread your risk across multiple assets, including more established cryptocurrencies.
🔸### **8. Stay Updated on Market Trends**
- **News Awareness**: Follow Solana-related news and updates, as ecosystem changes could impact meme coin performance.
- **Whale Activity**: Track large transactions in meme coins to anticipate potential dumps.
🔸### **9. Protect Against Scams**
- **Phishing Attacks**: Be cautious of fake websites, wallets, or social media impersonators.
- **DYOR (Do Your Own Research)**: Verify all information independently before taking action.
- **Secure Wallets**: Use reputable, non-custodial wallets like Phantom or Solflare to store your meme coins securely.
🔸### **10. Control Emotions**
- **Avoid Emotional Trading**: Stay rational and stick to your strategy, even during extreme volatility.
- **Know When to Quit**: If you’re consistently losing or the market becomes unpredictable, step back and reassess.
🔸### **11. Use Decentralized Exchange (DEX) Safely**
- **Verify DEXs**: Use established platforms like Raydium or Orca for trading.
- **Slippage Settings**: Adjust slippage tolerance to avoid unintended price impacts during trades.
🔸### **12. Learn from Past Mistakes**
- Keep a trading journal to track your decisions, evaluate outcomes, and refine your strategies.
🔸### **13. Avoid Leveraged Trading**
- Avoid trading meme coins with leverage, as their inherent volatility can amplify losses.
🔸By implementing these strategies, you can reduce your risk and make more informed decisions while trading Solana meme coins. Always prioritize risk management and long-term sustainability over short-term gains.
Solana Update: Is another rise coming?hello friends
We came with Solana's analysis.
This coin, whose signal we already gave you and it was pumped by 60%, now by being in this triangle pattern, it gives us this signal that with the failure of the triangle, we can enter into a transaction with capital management...
*Trade safely with us*
Gold XAUUSD | SELL After Elliot's 5-WaveWave Analysis:
Wave 1 (Initial Upswing):
Price moved from 2661 to 2723, marking the start of the bullish trend.
This wave is typically smaller as the market begins to establish direction.
Wave 2 (Correction):
A corrective pullback, retracing part of Wave 1.
Price moved down but respected the Fibonacci retracement zone (likely between 50% and 61.8%).
Wave 3 (Strong Upswing):
The strongest and most extended wave, moving from 2695 to 2759.
This wave aligns with higher momentum, reflecting a surge in bullish sentiment.
Wave 4 (Consolidation):
A sideways or shallow pullback, correcting Wave 3.
This wave is less aggressive than Wave 2, often reflecting profit-taking and market indecision.
Wave 5 (Final Push):
The last leg of the upward impulse, with prices rising from 2743 to 2786.
Momentum begins to weaken, and divergences on indicators like RSI or MACD might appear, suggesting exhaustion of the trend.
Current Market Outlook:
Trend Exhaustion:
The completion of Wave 5 at 2786 suggests that the bullish trend is nearing its end. The possibility of a trend reversal or a corrective move downward is high.
Potential Correction:
After the completion of the impulsive wave, an A-B-C corrective structure is likely to unfold.
Wave A could lead to an initial sell-off.
Wave B might be a temporary rebound or retracement.
Wave C would finalize the correction, potentially testing the 2661 level (Wave 1 origin).
Key Support Levels:
2743 (Wave 5 origin): The first major support.
2695 (Wave 3 origin): The second support level to watch for.
2661: A full retracement target if the correction deepens.
Resistance:
2786 (Wave 5 high) remains the key resistance level. A break above this might indicate an extension of the bullish trend.
Trading Signal:
Sell Entry: Upon confirmation of a break below 2743.
Targets:
First Target: 2710 (Wave 4 area).
Second Target: 2695 (Wave 3 origin).
Third Target: 2661 (Wave 1 origin).
Stop-Loss: Above 2786 to avoid risk from a potential upward extension.
Alternate Scenario:
If prices break and sustain above 2786, it could indicate the continuation of the bullish trend. Look for further upside toward 2800–2820.
Conclusion:
Gold appears to have completed its five-wave impulsive structure. The next likely scenario is a corrective A-B-C wave formation or a trend reversal. Monitor key levels and confirmation signals before executing trades.
Complete analysis and review of Ethereumhello friends
We came with Ethereum analysis
As you can see, the price reached good support after a drop and was able to grow.
Now that the price has compressed and created a triangle for us, we are facing two scenarios:
1_ According to the beginning of the upward trend, succeed in breaking the ceiling and move to the specified goals.
2_ The price should fall from here until the support area is determined and then it starts to climb.
In our opinion, scenario 1 is more tolerant.
*Trade safely with us*
Bitcoin Update: Bears Nightmare!Bitcoin decently moved as expected according to my last analysis and now is ranging between 90 - 107K for almost 2 months and now I expect the price to make another last correction to GETTEX:97K and grab the liquidity to make a new leg up to the new all-time high of $130K and start the main move to my ultimate target of $150K. The zone between 154 - 172K will be the final top for BTC in this cycle in my opinion and I will fully close all my positions and execute my profits whenever the price hits this zone. I hope you guys all be in profit and stay safe and always DYOR.
Even if it falls, you should prepare for an uptrend
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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The High Boundary Zone has been changed to the 101947.24-103706.66 range.
Therefore, anything above 103706.00 is considered a high range.
However, the basic 106133.74 point is likely to act as resistance.
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The StochRSI indicator is showing a decline to the 50 point range.
Therefore, since volatility is likely to occur, a quick response is required when trading.
Therefore, the point of observation is whether there is resistance near 106133.74.
When a new candle is created, if the StochRSI indicator falls below the 50 point, the key point is whether there is support near 101947.24-103706.66.
If there is support, I think there is a high possibility that the uptrend will continue.
If the StochRSI indicator enters the oversold zone and falls below 101947.24 and shows resistance, you should check whether it touches the BW(0) indicator or the HA-Low indicator.
The 93576.0-34742.35 zone is expected to be an important support and resistance zone.
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It seems that a lot of funds have flowed into the coin market through USDC.
Accordingly, the coin market is likely to show an upward trend soon.
As I said before, for the altcoin bull market to start, BTC dominance must fall below 55.01 and remain there or show a downward trend.
The maximum decline point of USDT dominance is expected to be around 2.84.
After that, since USDT dominance is expected to show an upward trend, the coin market is expected to show a downward wave.
If it goes up by 4.97 or more, I think you can definitely tell that a downtrend is in progress.
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Based on the above coin market cap chart, this uptrend is expected to be the last uptrend.
Therefore, even if the price falls, a trading strategy that prepares for an uptrend is needed.
The point to watch is whether this uptrend can rise to the Fibonacci ratio point of 2.24 (116940.43).
This volatility period is expected to continue until January 31.
The next volatility period is expected to be around February 9-16.
-
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.
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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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Avax analysis and review: another rise or fall?hello guys
We came with Avax analysis.
This coin has been suffering for almost 35 days after its price drop, and now that the price is at the bottom of the trading range, it is expected that we will have an upward movement by maintaining the support range up to the ceiling of the trading range.
In case of failure, we will give you a new update.
*Trade safely with us*