Render USD Daily Toppy Render and alot of alts looking toppy here but with serious upside potential should Legacy Hold.
Look to Spy for Signal.
Long Term Bullish
Scalpers Short.
BTC-USD
Long to ShortHowdy friends,
I can't seem to figure out why I would want to post something bearish right now.
It doesn't matter if you bought coins a week ago, or yesterday, you'd be in profits!
When this market is high trending its beautiful.
But two things I can't seem to get over: One, the fact that this totally looks like a wedge or channel depending on where you place lines. Second, the fact that we did not have a long term accumulation on ETH like we did a good 4 years ago.
So maybe market makers would want to bring ETH below the lows after we reach anything between $2250-$2400.
So lets pay attention and see what comes out.
Trade thirsty my friends!
Xau/UsdHello traders!
Scenario number 1:
The pair is in the canal scheme and in the accumulation area. If the price does not break the level (1976.00), then the pair will continue the channel scheme with the target (1924.00).
Scenario number 2:
If the price breaks the level (1976.00), then the pair will continue by retesting the levels: (1908.00) and (1885.00).
Be careful with the positions! War is unpredictable!
Wait to enter the trade! Be careful!
Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
Bitcoin - Short-Term Bullish Analysis/ExpectationThis expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF
- ETC
₿itcoin will go | Trade Analysis BTCUSDHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity BTCUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Xau/UsdHello traders!
In my opinion, the pair is at the consolidation level. You should wait for a break of the level (1929.30) for an ascent to the level (1966.00). But be careful! A movement occurs if the price breaks the level (1907.00) for a discount to the level (1820.00).
Wait to enter the trade! Be careful!
Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
Xau/UsdHello traders!
Wait for the pair to be confirmed when it breaks the (1843.00) level. A break of the (1843.00) level will bring a bullish move to the (1924.00) level.
Wait to enter the trade! Be careful!
Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
XDC Xinfin IS ABOUT TO RIP TO THE UPSIDEXDC Xinfin has been in this falling wedge bull flag pattern for a while and it broke out and is now holding above it. The RSI and the Stoch RSI is getting a fresh curl to the upside. I believe XDC is about to explode. I would say about $.06 then a correction and continuation to the upside after that. I believe XDC can get way past its all time high in this next run. If I take a measured move of the wedge/flag it would put XDC over a dollar. This is not financial advice this is just my opinion. Thank you
SHIB hugging resistance can EXPLODEApologies for the lack of sound first 8seconds of this video
SHIB hugging the 100ma here on the hourly can be a cooker pressure on price
If price can break and hold above that average there can be volatility away from it as a breakout. Our START v3.5 tool helps manage trading that breakout in terms of exit managing potential losses to give clarity for yourself.
DXY is on the edge tho
If DXY does breakout of its own range then it can foil any altcoin setup you may be looking at. Not a holy golden rule but a lot of evidence to show an inverse relationship between DXY and crypto market. So a true breakout by DXY here stands to reason that similar result can occur (bar exceptions).
DXY can fail
If DXY fails this breakout then its game on a little longer for this move both in bitcoin crypto and the overall traditional markets.
Keep an eye out for changing data.
BTC / USD – HTF JOURNAL - WEEKLY SERIESThis is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas.
| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |
In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the > BINANCE:BTCUSDT <
We focus on the technical KEY points and KEY areas that will be relevant in the coming weeks & months.
As soon as candlestick closes emerge that suggest a temporary direction for the price intra-day, I create a separate post below.
This post will be under a similar name, which is as follows: " BTC / USDT - JOURNAL - ACTIVE SERIES " (Includes: entries, stop loss & take profit levels)
Once published, it will be added as a comment, and when this post is saved, you will receive a notification about it.
How do I save an idea so that I receive a notification when it’s updated?
MARKED POINTS OF INTENTION (POI)
The "Higher Low" of June 2021 has been contested since mid-April this year and could be confirmed as support or resistance with the upcoming weekly close.
Prior to the 2017 price rally, the bottom of the existing overarching uptrend channel was formed, at whose mid-trend line (resistance) we are currently located.
Additionally, price is holding at the upper resistance line of the downtrend channel, which was formed at the last peak and has so far proven to be a significant directional guide. If this downtrend channel is broken and confirmed, we could see the USD 40,000 approach.
The momentum indicators in the weekly TFs and higher are not meaningful; however, one can notice a small bearish divergence in the daily TFs, which argues against the aforementioned scenario.
It is necessary to wait and evaluate the weekly closes neutrally, so that in the current noise of news, one does not rely on an erroneous assessment.
Z - You have to understand the big picture to not drown in the noise of the small one - Z
| ZielIstDieAutarkie |
If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!
Z
BTCUSD fails...BTCUSD broke out of the consolidation area previously discussed, but the move to the upside was held by the downward trendline and the 38.2% Fibonacci retracement level (yellow dotted line).
Although the bullish trendline has been broken, the upside for BTC is still anticipated, as long as the price stays above the support level of 28830.
If BTC does break below the support level, there could be significant downside potential, with the next key support levels at 28000 (50% Fibonacci retracement) and 27300 (61.8% Fibonacci retracement).
Is the BTCUSD bottom in? Where could it go?Historically, BTCUSD has corrected over 75% from its all time high on many occasions. After these corrections, BTCUSD has rallied anywhere between 1,600% and over 13,000% from its market bottom, according to this price chart. I believe BTCUSD could do the same again in the future.
How high will it go? That's challenging to determine. If history holds any merit at all, we could see prices rally over 13,000% from the recent market bottom.
🔥 MODIFICATION: BTCUSD 🔥 POSITION TRADERESISTANCE @ 64050
TP3 @ 54460 (closing ALL Buy Orders)
-SL @ 48000
SLO1 @ 45000 ⏳
TP2 @ 43250 (closing ALL Buy Orders)
TP1 @ 35350 (shaving 50%)
BLO2 @ 28450 ⏳
+SL @ 27750 🚫 +202 pips (or +0.73%)
BLO1 @ 27548 📈 Net Equity @ +3109 pips (or +11.29%)
SUPPORT @ 13450
TECHNICAL ANALYSIS
— Supply Zone, an institutional selling range
As you can see from the P2P INDi, we have Price Action (PA) moving upward from Support towards Resistance, but only after it retraces from the Supply Zone(s) formed on the 3D/5H/50m, respectively.
~46760 (35m)
~45815 (5H)
~45525 (3D)
TECHNICAL ANALYSIS
— Oscillators @ NEUTRAL
Oscillators measure momentum, and when an oscillator is NEUTRAL, the security is neither overbought nor oversold. This measurement can be a signal that the security is in a period of consolidation or a potential reversal in the trend.
— Moving Averages @ STRONG BUY
A STRONG BUY signal on a moving average means that the price of the security has crossed above a moving average and is likely to continue to rise. This indication is usually seen as a sign of strength in the trend and can be an excellent signal to buy the security or continue to hold your long position.
SUMMARY @ BUY
In this case, PA reflects consolidation, as the Moving Averages indicate a STRONG BUY signal.
⚠️ I'm holding my long positions, in anticipating of PA pulling back to 28450 (3D) for another buying opportunity.
🔥 NEW BTCUSD ✨ COUNTER-TREND TRADE 🔥SLO2 @ 47295 ⏳
SLO1 @ 45750 ⏳
TP4 @ 43750 (closing ALL buy positions)
TP3 @ 41675
TP2 @ 35715
TP1 @ 31850 (shave 50%, if)
BLO2 @ 28400 ⏳
BLO1 @ 26375 ⏳
ADDITIONAL INFO:
00:00 Intro
01:00 Major Support / Stop Loss
01:47 Buy Orders (15H / 1D)
04:47 Resistance / MP (5M)
06:51 TP1 (shave 50%, if)
07:53 Take Profit 2 thru 4
08:27 Sell Orders
09:30 Very Tight Stop Loss
10:48 Sell Order TPs Pending
11:08 Boost, Follow, Comment, Join
Market Reactions to Fed’s “Hawkish Pause” Today the Federal Reserve chose not to proceed with an 11th consecutive interest rate hike, opting instead to assess the effects of the previous 10 hikes. However, the Fed announced that it anticipates implementing two additional quarter percentage point increases before the year concludes. While the pause was largely expected, the fact that policy makers see rates at 5.6% at year-end was what caught the market off-guard.
The combination of the pause with the suggestion of two more 25 basis points hikes has been dubbed the “hawkish pause”.
Following the decision, stock market closing results were mixed. The Dow Jones closed more than 230 points lower, while the S&P 500 and the Nasdaq experienced gains of 0.1% and 0.4% respectively. The Nasdaq Composite was primarily bolstered by the gains made in AI-adjacent stocks of Nvidia and AMD.
The day began with Bitcoin surpassing $26,000. However, it has since retraced to a 24-hour low of $25,791. Some analysts are predicting an inevitable drop to $25,000 based on recent cryptocurrency news that is dominated by discussions on regulation.
Meanwhile, gold prices initially rose to touch $1959 per ounce in the session but later trimmed gains, trading around $1945.
The dollar has weakened across the board, with the DXY down 0.32%. The NZD is the biggest mover, rising by more than one percent to a 3-week high of $0.6211. Gains in EUR and GBP were more modest, at +0.39% each.
BTCUSD Weekly Forecast | 29th May 2023Technical Confluences
Resistance level at 29500
Support level at 27000
Idea
Overall, price has been on a bull run since 21st November 2022. In terms of price action, price looks clean on the left side of the chart. We could see price continue bullish to retest the resistance at 29500.
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
BTC/USD - SHORT SZENARIOS - ANALYSE – DThe "BTC/USD" is in a downtrend since Nov – 2021, and it is obvious that we can expect a further - final sell-off if necessary.
-> The coupling of the traditional markets to the BTC is very high because of the institutional investors (example: S&P500 falls = BTC falls).
-> In which key areas we can expect a local bottom, I will analyze in more detail in today's post.
-> For this, we will look at the "BTC/USD" from the daily view and integrate elements of the daily, weekly and monthly chart.
table of contents
- 1st part = EXPLANATION - indicators used + levels.
- 2nd part = SCENARIOS - pro + con breakdown
- 3rd part = CONCLUSION
FIRST PART
1. FIBONACCI RETRACEMENT .
For this Fibonacci retracement, we take the movement,
which started in - March/2020 - and ended in - Nov/2021 -.
-> 0.786 FIB = 17,738.75 USD | Completed
-> 0.88 FIB = 11,608.27 USD | Pending processing
> As "BLUE + dotted" lines - drawn in the chart.
2. | FIBONACCI RETRACEMENT |
For this Fibonacci retracement, we take the movement,
which started in - Dec/2018 - and ended in - Nov/2021 -.
-> 0.786 FIB = 17,246.82 USD | Pending processing
-> 0.88 FIB = 11,057.51 USD | Pending processing
> As "BLUE" lines - drawn in the chart.
3. | FIBONACCI RETRACEMENT |
For this Fibonacci retracement we take the movement,
which started in - May/2022 - and ended in - Aug/2022 -.
-> 1.618 FIB = 12,931.80 USD | Pending processing
> As "orange" lines - drawn in the chart.
4. DEMAND ZONES |
The demand zones formed at the beginning of the upward movement,
thus they were created and in - June-Oct/2020.
-> WEEK ZONE | 1 | = 9,825.00 – 11,720.01 USD | Pending processing
-> WEEK ZONE | 2 | = 8,833.00 – 9,345.00 USD | Pending processing
-> DAY ZONE | 1 | = 9,825.00 – 10,681.87 USD | Pending processing
-> DAY ZONE | 2 | = 9,047.25 – 9,221.52 USD | Pending processing
> As "GREY" areas - drawn in the chart.
5. | POINT OF INTEREST |
The points of psychological interest,
were created the first time Nov - 2017 - and showed some reactions since then.
-> POI | 1 | = 16.000 USD | Pending processing
-> POI | 2 | = 14.000 USD | Pending processing
-> POI | 3 | = 12.000 USD | Pending processing
-> POI | 4 | = 10.000 USD | Pending processing
| POI should be used as support in the upcoming situation.
| POI is used as ZONE -> no point exact support.
> As "Orange" line - drawn in the chart.
SECOND PART .
As soon as the price reaches the broken down levels, we can expect a reaction from the market, which depends on the "weighting" of each level.
1st | SCENARIO | BOTTOM - at around 16,000-17,250 USD (Unlikely).
What speaks in favor of:
- "BREAK OF THE SIDEWAYS TREND CHANNEL"
- "FIBONACCI RETRACEMENT (1) + (2) | 0.786 + 0.786 FIB"
- "LIQUIDITY HUNT
+ this idea must be supported by the DXY + S&P500!
= DXY rises + S&P500 falls
What is the argument against:
- "POINT OF INTEREST (1-4)
- "FIBONACCI RETRACEMENT (1) + (2) | 0.88 +0.88 FIB"
- "USD (DXY)" = further depreciation
- "S&P500" = recovery and no market crash
2. | SCENARIO | BOTTOM - at approx. 11,000-13,000 USD (Very likely)
What speaks for this:
- "FIBONACCI RETRACEMENT (1) + (2) | 0.88 +0.88 FIB"
- "POINT OF INTEREST (2-3)
- "SUPPLY ZONES | D1 (1) + W1 (1)"
- downtrend lines serve as support
+ this idea must be supported by the DXY + S&P500!
= DXY rises + S&P500 falls
What is the argument against:
- "POINT OF INTEREST = Existing liquidity cascade (4).
- "SUPPLY ZONE" = D1 (2) + W1 (2)"
- "USD (DXY)" = further appreciation.
CONCLUSION .
At the moment, it is impossible to say what the exact scenario for "BTC/USD" will be.
The correlation relevant for us to make decisions is as follows:
- DXY (USD) is currently like a kind of indicator of fear in the market, with which it controls the S&P500.
- The S&P500 is currently at a very relevant level (3,600 points), if this breaks sustainably (with confirmation), we will see a strong sell-off in all markets - market crash!
- Should this market crash occur, then this will also have a significant impact on BTC. (Liquidation cascades of stop loss orders and fear from retail market participants.)
= The marked levels should have large order blocks ready, which will consume this sharp sell-off within a short period of time .
-> As soon as the BOTTOM formation crystallizes, I will upload a detailed LONG execution.
-> Feel free to discuss it in the comments and share our perspectives, I'd be "burning" to hear your take on the whole thing.
If this idea and explanation has added value to you, I would be very happy to see a review of it .
Thank you and a successful trading!
The following image should show you where the support line comes from:
BTCUSD Weekly Forecast | 22nd May 2023Technical Confluences
Current resistance at 26652.45
Support at 25214.57
Idea
On the Daily timeframe, the price has been on a downward retracement for the whole of last week.
BTCUSD is currently resting along the support-turned-resistance level at 26652.45. If the bearish momentum continues, we could see the price retest the major support at 25214.57
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
A bearish and Bullish Outlook On BTCUSDThis is a friend chart that has a bearish outlook for potention reversal or Crash to 2018 Lows
Prentending that Btc has a 16 year Cycle where each 8 years we can take previous cicles lows
Which mean 2026 bear market could be really drastikkkk
But let keep our Pants tight and see if BTC is about to make a breakout like in May 2019
While this current cycle show similarities with the 2019 Btc Time Cycle
The oods favor the Bulls but the chart could be setting the biggest bull trap or a second level bear trap
DYOR
This is not a trade advice or signal