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.
Btc-e
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
Bitcoin correction inevitableTime to Chart the King!
If you've checked my recent ideas, you'll find onefrom 11 December 2022 titled "Run it Back Turbo." Check it out!
Press the play button to see how I've pinpointed the perfect bottom!
Now, let's dive into why I've decided to close my trade:
Wave Count: I've marked the 5 waves we've seen so far.
Wave Comparison: Using the Date & Price Range tool, I've compared the size of wave 3 to wave 5. Wave 5 typically matches or exceeds wave 3, and you can see the King has done just that. How much more do you need to satisfy your greed?
ABC Correction: We're expecting an ABC correction where:
A Wave: Should hit the 0.382 Fibonacci level drawn from the bottom of the count to the current wave 5 peak.
B Wave: Logically, this would reach the 0.236 Fibonacci level.
C Wave: Expected to extend to the 0.618 Fibonacci level.
Fibonacci Retracement for Wave 5: If you draw a Fibonacci retracement just for the 5th wave, you'll see:
The A wave should touch the 0.618 level of this measurement.
The B wave goes to the 0.382
The C wave, as usual, should retrace fully to the 1.000 Fib level, where it began.
CME Gap: Check out the 1-day chart below to see there's still a CME gap to fill on the way down.
Monthly Close: We're nearing the first monthly close of Q1. Take a look at the RSI; there's a clear bearish divergence forming.
Liquidity Clusters: The liquidity clusters below look enticing and are prime for grabs, essential for further upward movements. Remember, this market thrives on the ping-pong effect with short stop hunts and liquidation hunts, followed by the same to the longs, rinse and repeat.
Here you see a freshly pulled LiqMap from The Kingfisher platform currently the only one I know of which can show you these clusters. As you can see we have a ton of liquidity to tap into before we can resume this bullrun!
Conclusion:
The King Needs to Reset!
No reason to be upset. Everyone needs a rest after such a run. We will resume our journey soon enough, reaching those higher targets sooner or later. See the bright side: we can sell now, load up at cheaper prices, and potentially make even bigger profits.
Follow me for updates to this idea and follow me on X for even more insights!
XLM - Will XLM Find Strength or Stumble?XLM has been in a downtrend for the past 10 days after rejecting from the 0.618 Fibonacci retracement resistance. The price action shows lower highs and lower lows with no significant volume, signaling a potential continuation of the trend. Let’s identify the key support and resistance zones and possible trade setups.
Support Zone
A strong support zone lies between $0.3725 and $0.3695 based on multiple confluences:
Monthly Level: At $0.3725
Anchored VWAP: From the very low, the VWAP aligns with the monthly level
Fibonacci Retracement: Drawing the fib retracement from the year’s low to the recent high, the 0.75 Fibonacci level lies at $0.3695
Resistance Zone
Key Level: Price data highlights $0.435 as a significant S/R zone
Fibonacci Retracement: The 0.618 Fibonacci retracement from the current wave aligns with the key level
Short Trade Setup
Entry: 0.618 Fibonacci retracement/key level at around $0.435
Stop Loss: Above the previous high
Take Profit: Target the support zone at round $0.3725
Risk-to-Reward (R:R): 4.5
Long Trade Setup (on confirmation)
Entry: Long position between the support zone of $0.3725 and $0.3695
Stop Loss: 3% SL
Take Profit: around 0.39/0.4
Risk-to-Reward (R:R): 2 or better
Bitcoin is gearing up for a rally. 120K target Bitcoin after the false breakout of resistance, which is associated with Trump's inauguration did not fall, but only consolidates near resistance. And this, I believe, is a very good sign that the price may continue its trend after exiting the triangle.
Scenario: Since after the strong growth and after the false breakout there is no fall and consolidation is formed, we can expect the continuation of the growth because I also point out a few more things:
- strong trend on senior timeframes
- locally the price does not update the minimums
- resistance retest is formed
- consolidation on the background of the uptrend.
Correspondingly: a break of the triangle resistance may increase buying interest, which may lead to another rally to ATH and even update it to 120K.
Bitcoin, BTC, BearishDespite the abundance of positive news and expectations, I would say it's more probable for Bitcoin to dive down to fil the LVN area between 77K and 86K to rebalance the price offerings there and quickly return to POC level at around 97K.
The asset will always move quickly through an LVN area and only stabilize or "park" at a HVN or POC levels, but the problem with the next HVN for BTC is that it's too low, around 65K, which although not impossible yet not probable.
GBPCAD Signals a Shift: Key Moves to Watch This Week
In the GBPCAD market, all signs are pointing to a pivotal moment early this week. Monday and Tuesday present a strong likelihood of price rejection, potentially signaling a shift in direction. On higher timeframes, the bias suggests an imminent change, as the price approaches a key supply zone. Meanwhile, on the lower 1-hour chart, the story becomes even clearer—price action has already begun to hint at this transition, painting a picture of an anticipated reversal.
With the supply zone within reach, traders can expect a significant movement in the coming days. The bias indicates not just a brief fluctuation but a probabilities trend that could sustain momentum for at least two weeks. This week holds the potential for dynamic trading opportunities, setting the stage for a compelling narrative in the GBPCAD pair. Keep an eye on the charts—this could be the moment where preparation meets opportunity.
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*
BTCUSD - Will history repeats itself ?This post is just a correction from a post I made last month
I missed on identifying correctly the pattern because I thought the middle of the channel would act as a strong support
ended up being wrong on the timing of the next wave up - not a big deal tho
I also profit of this moment to update the fractal path that's BTC is doing, as you can see the asset is just copying move from last year (in violet) this is quite interesting because it did this the whole cycle, i don't remember seeing this before but maybe i'm wrong
so yeah the violet bar patterns says we go great wave up in a few days can you believe it ?
i'll start to take profit next month but not sure 100% id like to see what is going to do Pectra update on Eth's price
Here's a bigger picture i made in November still working very well :
not financial advice
Cheers
Bitcoin Futures
Another week concludes for the Bitcoin futures market without closing above the all-time high. The RSI is in overbought territory, showing a bearish divergence. It might be prudent to close the futures gap and look for a bullish divergence before expecting further upward movement. The price might revert to the high of the RSI for support, which was around the 49k area.
BTC - Steady... steady... almost there!BTC in the short term is looking very much like a WXYXZ is forming. We should therefore see a low, which could temporarily breach the lower trend line. In fact, it'd make for a bullish signal if it did - so watch this carefully. If we see it ping back within the channel, then the formation will likely complete. Next thing we'll need to look for us the breakthrough of the upper trend line. This would then lead to higher higher and the completion of wave 5 of 1 which we have long been looking for. I'm not going to take any actions here until either trend line is decisively broken leading to a trend change. Looks good though, follow for more.
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 (BTC):Buy The Rumour, Sell The News / Sellers DominatingAnother week of volatility is here! Last week's candle (which is marked as a candle of inauguration) made a new ATH before all the liquidity hunting, and now eventually we see price is seeing some decent selling pressures.
Now our view on the bigger picture has not changed; we are still looking for some proper downfall to happen, which would shake out all the new traders and gamblers.
We like to call this scenario "Buy the rumour, Sell the news."
Now rumours are over so now the only thing left is action.
Swallow Team
ETH Rejected at POC – Bears Eye $3000 againOver the past two days, Ethereum struggled to maintain momentum above the Point of Control (POC) of the current range. Price action formed wicks above the POC but closed below, signaling clear rejection at this level.
Key Support Zone
The $3000 area holds significant support, bolstered by several confluences:
Fibonacci Levels: The 0.786 fib retracement ($3045) aligns with the old 0.618 fib retracement ($3025)
4H Bullish Block: A strong demand zone on the 4-hour timeframe supports this level
Trend-Based Fibonacci Extension: 1:1 extension lines up perfectly with the 0.618 fib retracement
Psychological Level: The round number at $3000 adds psychological strength to this support
Short Setup:
Entry: POC of the range
Stop Loss: Above the recent high
Take Profit: $3000 zone
Risk-Reward: 3:1, offering a solid trade opportunity
Long Setup (Confirmation Needed):
Entry: Between $3025–$3000, upon bullish confirmation
Stop Loss: Below $2900
Take Profit: open
DOGE potential for 19% short term gain based on Neural Network
Hi all, I developed an simplified AI indicator and I applied it to the DOGE 4 hour time frame chart and got positive results. On average, the backtest is showing roughly a 19% gain per LONG trade. According to the script, we just exited a short trade, and entered a long trade, and the average long trade yields 19%.
Looking at DOGE’s recent price action and leveraging my custom neural network backtest, there's a strong possibility that the coin could see a short-term gain. The model has been extremely accurate in predicting these types of moves, taking into account factors such as market momentum and volume patterns. With the technicals aligning, it appears that DOGE is positioned for a bounce, especially with the broader crypto market showing positive signals.
Keep an eye on DOGE, as the bullish momentum might just surprise us with something bigger.
OP/USD. It's time to RETURN! Technical analysis from 27.01.25Hello everyone, dear friends!
While bitcoin is holding in the phase of uncertainty, I suggest to consider the Op/Usd pair.
The price has been trading in a wedge structure for a long time, having formed a divergence. The spring is compressed for a long time and at the current moment I expect a breakdown on volume of the upper boundary of the triangle. Targets, entry point and stop loss are indicated on the chart.
From the recent:
Ldo from January 19:
Current picture:
Want more and, most importantly, for free, write in private messages, I will give access because here is forbidden advertising of third-party links.
Happy bidding!
ONDO 4H TRADE SETUP ONDO is a very exciting project with massive potential in the tokenization of real world assets, an aspect of crypto that has many very high profile interested parties, such as BlackRock and now the US Government via the Trump administration. World Liberty Financial (which is run by the Trump family) has an ONDO position currently and has been adding to it over time, so what is the future of ONDO?
For me the chart has some key points:
- Structurally ONDO been bearish since the later stages of December, retracing 50% from local high and losing the 4H 200 EMA in the process before bouncing off the bullish Orderblock that started the end of year rally in the first place, a very strong support area.
That bounce was capped off by the bearish orderblock zone with rejection in that zone on four separate occasions, so we now have a local range with a clear S/R level at the midpoint.
- Within that mini range we have higher lows constantly which forms a diagonal support as buyers put increasing pressure on price to break through the Bearish orderblock. The 4H 200 EMA has also been reclaimed and in a bullmarket this level is a key level to consider, more so during a trending phase and not chop but still important in this situation.
- That's the technical analysis but money is made in execution of the trade. For me a reclaim of the bearish orderblock would be a bullish trigger for ONDO to climb back up the hill towards local high with consideration to set SLs in stages. The trade would be invalidated on a loss of the bearish orderblock flip as this Swing fail pattern often leads to a further sell-off.
- In a bearish scenario, say BTC misbehaves or some bad news hits the timeline I would step away from the coin if diagonal support is lost. I would look to become a buyer at the bullish orderblock which would give a higher probability entry with the range midpoint and bearish orderblock as targets for price to reach.
BTC still runs the market currently with alts not getting much liquidity, I do believe that will change soon going into the second half of Q1. Once Bitcoin can get a trend going altcoins will follow in my view.
BTC take the 100k lows and pump.I'm waiting for some or all of these lows to be taken out before Bitcoin puts in its next leg up.
Lots of liquidations sitting below them and liquidity now taken from above 106400.
Looking to bid that sweep for the next bullish leg, a daily close below 100k would invalidate this idea.