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$BTC is on track for a 100% Move Up: Looking at the Weekly!Let's keep it SIMPLE!!!!! Bitcoin ( CRYPTOCAP:BTC ) has been on an absolute tear lately. After finding a solid base around $74,000, we’ve now broken out and are trading around $96,000—a move that’s caught the attention of everyone from retail traders to institutions. But could we be on the road to $150,000 BTC? Let’s break it down simply using the weekly chart, a couple key resistance levels, and the Relative Strength Index (RSI)—a key momentum indicator that often reveals where the smart money is going. 📈 The Weekly Momentum Is Strong The weekly RSI is currently trending upward and approaching the 70 zone, which is often considered the “overbought” area. But here’s the key: In a strong bull market, RSI staying above 70 is not a warning sign—it's a sign of strength. We saw this behavior during the 2017 and 2021 bull runs. RSI hovered in overbought territory for weeks, even months, as Bitcoin pushed higher and higher. We're starting to see that same pattern now. The momentum is building, and buyers are in control. 🔓 Key Resistance Levels Being Broken When Bitcoin was at $74K, we had a few major resistance zones ahead: $80K – psychological barrier and minor rejection point FWB:88K –$90K – prior consolidation area and liquidity zone $100K – major psychological milestone that will bring massive attention So far, Bitcoin has smashed through $80K and is holding above $90K, showing buyers are stepping in on every dip. Once we confidently break and hold above $100K, the road toward $120K and $150K opens up fast. 💡 Why $150K Is in Sight This isn’t just about technicals—there’s also a strong macro and sentiment shift at play: Institutional interest is increasing ETF flows remain positive Supply on exchanges is dropping Halving narrative is still fueling demand Momentum indicators are still not overheated Technically, when price breaks into price discovery, it tends to overshoot to the upside—especially if momentum like RSI stays strong. 🧠 Final Thoughts Bitcoin has already climbed from $74K to $96K, and the weekly chart suggests this could just be the beginning of the next leg up. If RSI continues climbing and price breaks above $100K cleanly, the $120K to $150K zone becomes a realistic next stop. Stay patient, zoom out, and follow the trend. The momentum is real—and so is the opportunity.
CRYPTOCOM:BTCUSDLong
by jflanagan229
Symmetrical Triangle Breakout Incoming?### **Soybean (USD) – Symmetrical Triangle Breakout Incoming?** Soybean prices are consolidating within a **symmetrical triangle** on the **30-minute timeframe**, indicating an imminent breakout. ### **Key Observations:** ✅ **Symmetrical Triangle Formation** – Price is tightening, forming higher lows and lower highs, preparing for a potential breakout. ✅ **XABCD Harmonic Pattern** – Suggests a bullish scenario if price respects the pattern completion zone. ✅ **Technical Indicators:** - **RSI** approaching overbought territory, signaling strength but also potential for short-term pullback. - **MACD** is turning bullish with a possible crossover confirmation. ### **Trade & Consumption Factors:** 🌍 **Supply Chain & Trade Flows:** - U.S. soybean exports remain strong, but **Brazil's harvest is adding competition**, potentially capping price gains. - Global demand from **China, the world’s largest soybean importer**, will be crucial in determining the next move. 🍽️ **Consumption & Demand:** - Soybeans are a key ingredient in **animal feed and vegetable oils**, with demand closely tied to livestock production. - Any changes in **biodiesel policies** or **weather conditions affecting planting** could impact pricing. ### **Trading Plan:** 📈 **Bullish Scenario:** Breakout above the upper trendline could push prices toward **1,020.80**. 📉 **Bearish Scenario:** A breakdown below the lower trendline may lead to further declines toward **960**. 📊 **Risk Management:** Stop-loss set below the lower trendline for protection. 🚨 **Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.**
SKILLING:SOYBEANLong
by TONYMONTANA87
Trend Reversal With Low Demand Natural Gas Outlook: Bearish signals dominate NATGAS with a Head & Shoulders pattern, Shooting Star, and Bearish Engulfing on the chart. Technical Indicators: RSI is declining, and MACD shows bearish momentum, supporting further downside. Weather Impact: The UK forecast for the next two weeks shows mixed conditions—initial sunshine but turning unsettled with rain and wind. Heating Demand: Temperatures will range between 2°C and 13°C, potentially affecting natural gas consumption. March 28-31: Breezy conditions with low clouds and occasional showers, possibly moderating demand. Market Reaction: UK NATGAS price projections show stability around 58.2 on March 28 and 57.7 on March 31. Key Resistance & Support: Watch $4.00 resistance and $3.60 support for potential breakouts. Bearish Confirmation: If price closes below $3.80, further downside towards $3.50 could be expected. Fundamental Factors: Geopolitics and supply dynamics still play a major role in volatility. Risk Management: Monitor weather updates and gas storage reports for potential reversals. Short-Term Traders: Bearish entries could target $3.60 with tight stop losses above $4.00. Long-Term Investors: May look for buying opportunities near strong support zones. Caution: Unexpected cold snaps or supply disruptions could invalidate bearish scenarios. Stay Updated: Keep track of weather forecasts and fundamental changes impacting demand/supply. Not Financial Advice: Do your own research before trading.
PEPPERSTONE:NATGASShort
by TONYMONTANA87
1
Skyward Specialty (SKWD) Finds Growth in Niche Insurance MarketsSkyward Specialty Insurance Group, Inc. (SKWD) provides commercial insurance for industries that need customized coverage, like construction, healthcare, and professional services. With a focus on specialty markets, SKWD has carved out a niche by offering tailored risk solutions where standard insurance providers fall short. As more businesses look for personalized coverage, the company’s expertise and flexibility help drive its steady growth. Technically, the stock recently posted a confirmation bar with rising volume and moved above the .236 Fibonacci level, entering the momentum zone. This signals growing buying interest. Traders could use the .236 level as a trailing stop reference using the Fibonacci snap tool, helping manage risk while staying positioned in case the stock continues trending higher.
NASDAQ:SKWDLong
by traderspro_charts