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Candlestick Analysis

The Reality of Bitcoin HODL. The odds of 100k AGAINLet's break down this CRYPTOCOM:BTCUSD BTCUSD chart and discuss the potential scenarios for 2025, considering current world economic conditions. **Chart Analysis:** * **Timeframe:** Daily (1D) chart, showing price action from early 2024 to March 2025. * **Key Levels:** * **Resistance:** $109,590 (recent high), $100,000 (psychological level). * **Support:** $80,000 (recent low), $72,000 (previous consolidation), $68,000 (strong support zone). * **Price Action:** * **2024:** A period of consolidation and accumulation, with a clear upward trendline from May to November. This suggests growing bullish momentum. * **Late 2024/Early 2025:** A significant rally, pushing BTC above $100,000 and reaching the $109,590 high. * **Recent Correction:** A sharp pullback from the highs, indicating profit-taking and potential trend reversal. The price is currently hovering around $86,000. * **Grey Box:** A highlighted area around $80,000 - $88,000, which represents a key support zone. **Most Likely Scenario for 2025 (Given Current World Economic Conditions):** **Current World Economic Conditions (Considerations):** * **Inflation:** Persistently high inflation in many countries is a major concern. Bitcoin is often seen as a hedge against inflation. * **Interest Rates:** Central banks are raising interest rates to combat inflation, which can negatively impact risk assets like Bitcoin. * **Geopolitical Uncertainty:** Ongoing conflicts and tensions create market volatility and uncertainty. * **Regulatory Landscape:** The regulatory environment for cryptocurrencies is still evolving, with potential for both positive and negative developments. * **Economic Slowdown/Recession:** Growing concerns about a global economic slowdown or recession. **Scenario:** **Range-Bound Trading with Potential for Further Correction** Given the current economic climate, the most likely scenario for 2025 is a period of range-bound trading for Bitcoin, with potential for further downside correction. Here's why: * **Uncertainty and Risk Aversion:** Economic uncertainty and rising interest rates make investors more risk-averse, reducing demand for volatile assets like Bitcoin. * **Technical Indicators:** The recent sharp pullback suggests a potential trend reversal. The $80,000 support level is crucial. A break below this level could trigger further selling pressure. * **Inflation Hedge Narrative:** While Bitcoin is seen as an inflation hedge, its correlation with traditional markets has increased in recent times, making it susceptible to broader market sentiment. **Buy/Sell Recommendations (General Guidance):** * **Long-Term Investors:** If you're a long-term investor with a high-risk tolerance, consider dollar-cost averaging (DCA) into Bitcoin during periods of weakness. The $72,000 and $68,000 levels could provide attractive entry points. * **Short-Term Traders:** Short-term traders should exercise caution and wait for clear signs of a trend reversal before entering long positions. Look for confirmation signals like a break above key resistance levels with strong volume. * **Risk Management:** Always use stop-loss orders to limit potential losses. Never invest more than you can afford to lose. **Important Notes:** * **This analysis is based on the provided chart and general economic conditions. The cryptocurrency market is highly volatile and unpredictable.** * **Do your own research and consult with a financial advisor before making any investment decisions.** * **Keep an eye on key economic indicators, regulatory developments, and market sentiment.** **In conclusion, while Bitcoin has shown strong bullish momentum in the past, the current economic climate suggests a more cautious approach. Expect range-bound trading with potential for further correction in 2025.**
BITFINEX:BTCUSD
by nightdrive
Seize the callback opportunity to go long goldBros, after hitting a high near 3057, gold fell back as expected. It has now fallen back to around 3030. 📍Although the fall in gold was expected, the strength of the fall was less than expected. According to the current strength of the fall, gold may not be able to form an effective downward force. It is more likely to attract friends who missed the entry ticket in the early stage to enter the market again to buy gold; 📍After the breakthrough, there are many supports below. It may be difficult to break through the heavy support area in a short period of time. The primary support below is in the 3025-3015 area. We can try to buy gold with this area. 🔎Xauusd:@3030-3020 Buy 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDLong
by Trader_Marvin
USDJPY: Short sell trade with LuBotGood morning everyone, this morning I received a signal alert notification from LuBot, a short on trend with a 12H timeframe. The signal follows the main rules of a good trend, the trend cloud is negative, the moving averages are in favor of the bearish trend, the supertrend is also bearish and the last trend signal is the short one in red. Regarding the structure and price action we see the gray candles, so the short-term structure is uncertain and currently seems to have simply made a false break of the previous highs with a return below them and the ema21. The signal then triggers after a retracement on the trendcloud area with closing below the ema21 thus showing bearish strength. LuBot recommends a stop above the ema200 and take profit below the latest lows and I will currently follow these levels. Based on the subsequent movements I will decide whether to move the stop above the previous highs or the take profit to the lows area in case the price action continues to show uncertainty. 👍 If you liked this post let me know with a like 🙋‍♂️ Remember to follow me so you don't miss my future analyses ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your research before making investment decisions. TAGS: FX:USDJPY FOREXCOM:USDJPY SAXO:USDJPY KRAKEN:USDJPY FX_IDC:USDJPY FPMARKETS:USDJPY PEPPERSTONE:USDJPY CAPITALCOM:USDJPY SKILLING:USDJPY OANDA:USDJPY
Short
by LuTrader_LB
How to Trade News!Heads up, everyone! The Federal Reserve's interest rate decision will be announced in one hour! Currently, gold is consolidating in a narrow range around the 3035 level. At this point, it's not advisable to enter short positions on gold just yet. 📍From a technical perspective, gold has formed an ascending triangle pattern. If it fails to break below the 3027-3025 support zone, the bullish momentum could persist, with an upside target in the 3045-3055 range. Therefore, it's best to hold off on aggressive short positions for now. 📍However, if gold, driven by the upcoming announcement, struggles to break above the 3045-3055 resistance area, 3045 may establish itself as a short-term top. In that scenario, short positions can be considered using the 3040-3050 zone as a resistance level. 🔎Xauusd:@3040-3050 Sell，TP：3030-3020； 📍On the other hand, if gold decisively breaks below the 3025-3020 support level, attention should be focused on the 3010-3000 range. Should gold find support and stabilize within this range, it may present a favorable opportunity to go long once again. 🔎Xauusd:@3010-3000 Buy， TP：3030-3040 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
EURJPY Wave Analysis – 19 March 2025 - EURJPY reversed from resistance zone - Likely to fall to support level 161.00 EURJPY currency pair recently reversed down from the resistance zone between the resistance level 163.80 (which has been reversing the price from January) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star. Given the overbought daily Stochastic, EURJPY currency pair can be expected to fall to the next support level 161.00.
Short
by FxProGlobal
EURUSD Wave Analysis – 19 March 2025 - EURUSD reversed from resistance level 1.0930 - Likely to fall to support level 1.0830 EURUSD currency pair recently reversed down from the key resistance level 1.0930 (a former monthly high from November, which also stopped the earlier minor impulse wave iii). The downward reversal from resistance level 1.0930 is likely to form the daily Japanese candlesticks reversal pattern Evening Star – a strong sell signal for EURUSD. Given the overbought daily RSI and strongly bullish US dollar sentiment, EURUSD currency pair can be expected to fall to the next support level 1.0830 (low of the previous correction iv).
Short
by FxProGlobal
Make or Break 3 key Resistances Approaching. Nifty saw 3 good days of recovery. Now the real test begins as we are approaching the 3 big daddy resistances. 1) R1 Mother line Resistance (50 days EMA) 22988. 2) R2 Long Term Trend line Resistance 23237. 3) R3 Father Line Resistance 23399. If these 3 are crossed the Nifty has potential to hit 23809 in the medium to short term. If Nifty rally does not have steam it can again fall back to the support levels at 22638, 22334 or even 21974. IT has not contributed to the current rally Infact it has remained laggard. RIL has not contributed. HDFC has remained range bond. If some IT counters or Heavy Weights like RIL or HDFC join the rally we can see Nifty flying otherwise there is a potential for this rally to fizzle out again. Things are in balance right now. Shadow of the candle neutral as I write this. Very important closing weekly closing awaits us on Friday. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
1
Short gold with 2930-2940 zone as resistanceBros, the situation in the Middle East is turbulent again! Gold took advantage of the trend and continued to rise to around 3028. Stimulated by the news, gold's rise was obviously abnormal and showed a disorderly rise! This kind of price rise is actually very dangerous, so we can't directly chase gold. According to my expectations, the highest price of gold will only reach around 3040, so I think shorting gold with 2930-2940 zone as resistance is the best trading opportunity at the moment. However, in the short term, the correction of gold may be smaller than expected because the market is enthusiastic about going long. So the first thing we should pay attention to below is the 3005-2995 zone. Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
NZDJPY: Bearish Movement Confirmed 🇳🇿🇯🇵 All Yen pairs look bearish after the early morning BoJ interest rate decision and press conference. NZDJPY formed an inverted cup & handle pattern on a 4H after a test of a key daily resistance. High momentum bearish candle indicates a strong bearish sentiment. I think that the price may drop at least to 86.2 level. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1