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Where Can Bitcoin Go? Part 3📈🌐 Where Can Bitcoin Go? Part 3: Revisiting the Big Chart and Preparing for the Next Breakout 🚀💡 chart: Hey everyone! FX Professor here, and it’s time to revisit what I call my 'Big Chart' as we continue our exploration into Bitcoin’s future price movements. Back in March 2023, Bitcoin was trading below $25,000, and today, we’re looking at how the landscape has shifted and what we can expect moving forward. In this post, we’re sticking purely to technical analysis—focusing on Bitcoin’s halving cycles, my 3 major key trend lines, and the overall technical structure that has proven reliable over the years. Key Insights: Halving Cycles & All-Time Highs: Historically, all-time highs have followed 548 to 565 days after a halving event. Could we see similar patterns play out in 2025? Trend Line Mastery: My Big Chart tracks three critical trend lines that have been instrumental in identifying breakout and support zones. These levels continue to offer crucial guidance. February 2024 Breakout: Earlier this year, we had a major breakout in Februar y, leading to a test of the $73,000 level. After some consolidation, what comes next? What to Watch Next: We’ve seen Bitcoin break out above major resistance levels after finding strong support around $58,800. This support is part of an ascending trend, meaning it will rise as the price continues upward. As we could be approaching the $100,000 zone, the question is: Will we hit all-time highs (peaks) earlier than usual? (pattern says end of 2025). With a strong possibility of achieving this 400 to 450 days after the halving, we could see this sooner than expected (550 days historical pattern) Major Levels: Support: Currently, the key support level is at $58,800, but as the price trends upward, this level is ascending and will be rising as time goes by. Resistance: The next major resistance is at $105,800. A break above this could propel Bitcoin to new all-time highs. This will be the third attempt (the green 3, if you know you know!) The journey continues! Follow along as we track Bitcoin’s path toward new highs. Drop your comments below, and let me know what you think! One Love, The FXPROFESSOR 💙 Part 1: Part 2: and always remember:
Long
by FX_Professor
9
$QQQ ANALYSIS, KEY LEVELS & TARGETS for Day Traders for 11.11.24QQQ is off to a downward start today towards the 35 EMA, which is underneath the implied move. The implied move is between 510 and 518. The 30 day volatility is between 507 and 521. The two levels to know today there are the 35 EMA, which I already mentioned underneath the employ move that is currently at, 510. And then underneath that we have the up gap from last Thursday and that is at 5:05. Other than that, the bottom of the implied moves on tomorrow’s contract is 509 so that might also be a good strike to look towards today, if you’re looking for spreads or a target to close the day on.
NASDAQ:QQQShort
by SPYder_QQQueen_Trading
CONGRATS ON THE LAST TRADE! MY NEXT PLAYS Exciting day for Bitcoin bulls! Not only has Bitcoin smashed through its previous all-time high, but it’s done so with impressive strength, confidently crossing the critical 80K level. We’ve officially broken out of the previous range and entered an exciting phase of price discovery. Could Bitcoin mirror gold’s historic rallies and keep climbing? Will it settle into a new range, or possibly reverse to test lower levels? Watch the video for a full breakdown of what might come next! For my next play, I am watching for CONTINUATION LONGs For any of these plays, I want to see a flip in structure on the 10- 15 minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁
by Trade-Journal
GBPJPY Will Move Lower! Short! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 197.995. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 193.732 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
NZD/JPY "Kiwi-Yen" Bullish Side Bank Robbery Plan.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist NZD/JPY "Kiwi-Yen" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Pink Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point Stop Loss 🛑 : Recent Swing Low using 4h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
Closing my old and new Selling order / #91 Profits rowAs discussed throughout my Friday's session commentary: "My position: As I expected Fed easing the Rate and which may hurt the DX even more, I have awaited the Fed Rate announcement aftermath and engaged re-Sell order with #2,708.80 since I was aware that Gold will not deliver a move once again above #2,727.80 Medium-term Resistance zone. My order is currently running however I have missed the chance to close the order on #2,682.80 Support / even though my Profit on my re-Sell order is decent already, I will take the Risk and keep the order and close it as close as #2,682.80 Support zone in extension on overall another excellent week for me." I have closed my re-Sell order throughout Friday's session (#2,708.80 - #2,684.80) on a fine #24-point run extending my results range to #91 Profits row and #19 Stop-loss hits regarding December - November cycle. I have closed overall very excellent last week on good note and made another re-Sell order today (#2,672.80 entry point - #2,660.80 closing point) few moments ago. Technical analysis: Following the #2,707.80 local High’s rejection, the Price-action pulled back on a Daily chart’s Engulfing Bearish candle, making an expected Bottom at #2,662.80 - #2,672.80. This doesn't alter my perspective and I am not concerned if I miss any potential upside correction leg towards #2,700.80 benchmark as the current Intra-day levels may be Volatile even for Gold standards. Hourly 4 chart appears to be healthy Descending Channel taken from Double Top formations (Lower High’s / Higher High’s) and a #2,652.80 - #2,662.80 Support base. I am not interested in engaging on additional Risk outside my (more comfortable) Short benchmarks. My position: I have made quick buck few moments ago and will keep operating with Selling order within my well know range. I do not expect any Bullish Short-term reversals as Trade remains "Sell every High's" which Gold delivers. I do expect Gold to continue Trading under Selling pressure and eventual #2,652.80 benchmark break-out.
TVC:GOLDShort
by goldenBear88
Trade Idea | Long | MARA | Mara HoldingsMARA Holdings, Inc. is a company that engages in mining cryptocurrencies. They will release their recent earnings report on November 12 and in my opinion it is currently trading below market value. As of this writing, OANDA:BTCUSD is now trading at $80K level posting another new high meaning, the value of this holdings of this company also increases. This recent bullish move made by Bitcoin is enough for me to go long in this stock. Trade Idea: Entry : $19 - 20.50 Stop: $18.00 Always manage your risk. Know when to get out before going in. My target exit depends on the volume price action heading to that $26 level resistance.
NASDAQ:MARALong
by blue039
GBPUSD 100PIPS Entry Point Selection: Identify a key support or resistance level for entry, depending on whether you’re looking to go long or short. Use technical indicators (e.g., trend lines, moving averages, Fibonacci levels) to confirm the trend direction and enhance the probability of reaching your target. Stop Loss (40 Pips): Place your stop loss 40 pips away from the entry point, ideally below recent swing lows for a long position or above recent highs for a short position. This tighter stop helps limit risk but requires precision in entry to avoid being stopped out by market fluctuations. Take Profit (100 Pips): Set your take profit level 100 pips away from the entry point, aligned with the general trend. GBP/USD has the volatility needed to reach a 100-pip target, especially if the market is trending strongly or news aligns with your trade direction. Risk Management and Timing: Ensure that the trade aligns with higher-volume sessions (like London or New York) to increase the likelihood of hitting your target within a reasonable time. A 1:2.5 risk-to-reward ratio can be profitable over time if trades are taken with confirmed trends or at optimal levels.
Long
by LORDOFTHETRADERS
XAUUSD / TRADING DEMAND ZONE / 4HXAUUSD / 4H TIME FRAME HELLO TRADERS Time Frame and Initial Target , The analysis is based on a 4-hour (4H) chart, which is commonly used for short- to medium-term trading insights, A previous target was reached with a +550 pip profit due to a decline to the demand zone, implying successful movement in line with expectations. Current Price Movement , Prices are trying to reach $2,605 in the demand zone , As long as prices remain above this level, there is potential for an increase, likely moving toward a supply zone between $2,687 and $2,708. Possible Downside , If prices break below and stabilize under $2,605, this could signal a further decline to the next demand zone between $2,565 and $2,551. Overall Market Pressure , The trend shows upward pressure, but breaking the demand zone between $2,565 and $2,551 could confirm a downtrend, indicating a bearish shift if support does not hold.
OANDA:XAUUSDLong
by ArinaKarayi
$SPX ANALYSIS, KEY LEVELS & TARGETS for 11.11.24All right. So the implied move over here today is between 5965 and 6030. 30 day average volatility, 5930 to 6060, fix is up right now almost 4% and stupid Willy is showing extreme overbought here 35 EMA is underneath the implied move and don’t forget, we returned to the 35 EMA all the time and we are due to hit that level so that is just underneath the implied move at 5965. There’s nothing else really in today’s trade range but let’s see where we close today. If we close towards the bottom then we’ll be retesting that election gap and remember that island bottom gaps tend to be a battle zone so the level around 5760 would be the next target.
SP:SPXShort
by SPYder_QQQueen_Trading