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FILUSD Accumulation almost over. Next stop $19.00.Filecoin (FILUSD) has been consolidating around its 1W MA50 (blue trend-line) for the past 4 weeks and appears to be at the end of the Lower Highs pattern similar to the one in 2019/20. Both patterns held FIL's historic Support Zone, printed identical 1W RSI Cup formations and the past pattern initiated a strong 1-year rally above the Symmetrical Resistance Zone once the Lower Highs broke. Essentially the Descending Triangle patterns are Accumulation Phases before the Bull Cycle's main rally. As a result, even though one last test of the Support Zone is technically viable, the upside at this time is already considerably greater than the risk involved, so in our opinion it is worth going long and have a modest 1W MA200 (orange trend-line) Target at $19.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:FILUSDLong
by TradingShot
Is Bitcoin Heading to $78K? Key Patterns Explained! ''BTC/USD: Key Supply Zone in Focus'' This chart highlights a significant supply zone between $94,858.98 and $95,979.83, marked by previous price rejections (indicated by the arrows). This zone represents a key area of resistance where selling pressure has historically dominated. If the price revisits this zone, there’s a high probability of another rejection, potentially leading to a downward movement. Traders should monitor this area closely for potential short opportunities or signs of a breakout. 👉 What’s your take on this supply zone? Will it hold, or are we breaking through? Let me know your thoughts in the comments! "BTC/USD: Bearish Head and Shoulders Pattern" This chart showcases a classic Head and Shoulders pattern, often regarded as a bearish signal. The price has already broken the neckline, indicating a potential continuation to the downside. The target for this pattern lies near $78,490.59, calculated based on the height of the structure. Combined with the current price action, this setup suggests further bearish momentum could be on the horizon. 👉 Do you agree with this bearish outlook? Or do you see a reversal coming? Share your analysis in the comments below!
INDEX:BTCUSDShort
by ProcessAndIntercept
ETH, the pathway to a new ATHHallo everyone, in the last weeks Ethereum was underperforming Bitcoin, but actually the chart looks quiet interesting again. The price broke out of a huge bull flag, but with the large correction in Bitcoin it fell under the breakout level again. Now it's approaching the breakout for the second attempt. The most important levels to watch is the 2021 yearly close at 3677 . Should we see a sustained move above, which aligns with the bull flag retest, ETH is set to reach new all time high prices within the new two month. Looking at the seasonality of cryptocurrencies the first quarter of the year is a good moment to be bullish.
CRYPTO:ETHUSDLong
by Kyrean
DOGEUSD: Typical prerally accumulation. Strong BUY.Dogecoin turned neutral on its 1D technical outlook (RSI = 45.150, MACD = -0.010, ADX = 26.634) as it tested the January 9th low. Technically this is a HL on the Channel Up that started after the December 20th 2024 bottom. The 1D RSI pattern looks very much like the last time it was trading on those (nearly) oversold levels after the August 5th 2024 bottom, as well as the time before that, the January 7th 2024 bottom. All three are Channel Up patterns that were technical accumulations, separated in two phases. We have denoted those with the Arcs. In relative terms with those past patterns, we are currently at the end of accumulation phase 1, so the price should start rising to a new HH on the Channel Up. The past two patterns kickstarted a parabolic rally after that HH pullback, that marginally exceeded the 3.0 Fibonacci extension. This projects that DOGE's long term target is the new 3.0 Fib from High to Low (TP = 1.6000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:DOGEUSDLong
by InvestingScope
BTCUSD Falling Wedge made a bottom. Short term buy signal.Bitcoin / BTCUSD is trading inside a Falling Wedge, which just made a new Low today. Every prior hit on its bottom trendline / support has been a buy signal. The December 20th and 23rd bottoms rebounded to Resistance A. The December 30th rose a bit more to the 0.618 Fibonacci level. As a result we can buy and target at least $95750 (Resistance A). See also how the 4hour RSI made a similar Double Bottom to December's. Follow us, like the idea and leave a comment below!!
CRYPTO:BTCUSDLong
by TheCryptagon
BITCOIN This week forms the bottom before it turns Parabolic.Bitcoin (BTCUSD) continues to repeat the 2014 - 2017 Cycle in great detail. So far besides the Bear Cycle Lower Highs that broke only after the Cycle bottom was priced, BTC has respected the replicated the two Accumulation phases above the 1W MA50 (blue trend-line), which is 2016 marked the last long-term buy opportunities before the market went on a Parabolic Rally in 2017. As you can see, even the 1W RSI suggests that in relative terms we are in a pre-parabolic run pull-back similar to January 2017. There are high probabilities that this week is the one that forms the new bottom that will push the market to a continuous rally towards December 2025. If the top is priced on the 7.0 Fibonacci extension from the Cycle bottom, as it did on December 2017, then we can expect to see at least $200k. Buy what is your take on this? Do you think we are that close before a parabolic rally? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
14
On the way to 85.5KMorning folks, So, both our entries worked fine - as on the top of the right arm as on recent pullback to 96k area. Now there are two moments that you have to know. First is, the risk factor. It comes from weekly bullish grabber pattern , suggesting upside jump above 108K top. But the problem with it is unclear reasons for this jump. Because fundamental picture for now doesn't support any upside action on BTC. First is, dollar and yields are going higher. Second and what is even more important - the new debt ceil act is not taken yet. We have only temporal act on postponing of this decision. It means that until it will be taken, the US Treasury has to save. And they do - spending cash from their Fed deposit. It means that liquidity for some time will remain narrow, which is bad for BTC and Stock market performance. Since both our entries are safe already and protected with breakeven stops, we could relax a bit and keep our eyes on 85.5K downside H&S target. If you still would like to go short- you should understand the risk that you take, because your stop now will be above 96K area. And with potential weekly bullish pattern on the back. Those who have an opposite view on situation and want to buy instead - the weekly pattern is the great one that you could try to use. If price will drop under 91K area, it will mean the failure of this idea.
COINBASE:BTCUSDShort
by Sive-Morten
BITCOIN TRADE PLAN + TECHNICAL ANALYSIS (ASCENDING TRIANGLE)Bitcoin appears to be forming an ascending triangle, a bullish continuation pattern. The horizontal resistance line is at $95,407, while the ascending support line suggests increasing buying pressure. A breakout above $95,407 could signal a significant upward move. Resistance Levels: Immediate resistance at $95,407. Secondary resistance levels: $108,330 and potentially higher targets as the trend develops. Support Levels: Immediate support near $92,000. Additional support levels: $88,071 and $85,000. Indicators Analysis: VMC Cipher B Divergences: Neutral-to-bullish signals with minimal negative momentum. RSI (14): The current value of around 44.2 indicates a neutral zone, with potential for upward movement if it crosses the 50 level. Money Flow Index (MFI): Indicates neutral activity, suggesting balanced buying and selling pressure. Stochastic Oscillator: Near oversold levels (15.3), implying that a reversal to the upside might occur soon. Trading Plan Entry Strategy: Aggressive Entry: Consider entering at current levels ($94,000) with a small position, anticipating a breakout. Conservative Entry: Wait for a confirmed breakout above $95,407, with strong volume as confirmation. Stop-Loss Placement: Place an initial stop-loss below $92,000 to limit downside risk. For tighter risk management, consider $93,000 as an alternative stop-loss level. Take-Profit Targets: First Target: $100,000 (psychological and round number resistance). Second Target: $108,330 (next major resistance based on historical levels). Third Target: Trail-stop strategy to capture potential gains beyond $108,330 if Bitcoin rallies further. Risk Management: Allocate no more than 2-3% of your trading capital to this position to manage risk effectively. Monitor trading volume during the breakout; lack of volume confirmation may indicate a false breakout. Contingency Plan: If Bitcoin breaks below $92,000, re-evaluate the bullish thesis and consider a short-term bearish outlook toward $88,071 or $85,000 support levels. Be cautious of false breakouts, particularly around $95,407. Keep an eye on macroeconomic events or Bitcoin-specific news that could influence price action. Bitcoin's ascending triangle pattern and current positioning suggest a bullish breakout is possible. Following this trading plan with disciplined risk management can help capture potential upside while limiting downside risks. Monitor the market closely for breakout confirmation or invalidation.
CRYPTO:BTCUSDLong
by elfabiiani
1
XRP ANALYSIS 🌸#XRP Analysis : Bullish Trend 🚀🚀 🚀As we can see that #XRP was making higher highs and higher lows. But finally we can see a breakout of flag and pole pattern. It indicates a bullish trend after it retest the inclining trendline. 💲💲 🔖 Current Price: $2.5454 ⏳️ Target Price:   $2.7055 ⁉️ What to do? - We can trade according to the #XRP chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #XRP #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Long
by ZEUS_Market_Alerts
ARWEAVE ($AR) Chart Analysis : A massive Weekly Bull FlagA massive Weekly Bull Flag, characterized by a strong initial rally followed by a consolidation phase within parallel downward-sloping trendlines. Bull Flag Breakdown 1. Flagpole: The sharp rally preceding the consolidation forms the "flagpole." This demonstrates strong bullish momentum. 2. Consolidation (Flag): The price appears to be consolidating within the parallel downward-sloping channel. This often signals a pause in the market rather than a reversal. Consolidation within a previous support zone (as highlighted in the green area) strengthens the bullish case. 3. Volume: Ideally, in a bull flag, volume decreases during the consolidation and increases upon breakout. It’s worth monitoring this behavior. 4. Indicators: The MACD looks to be flattening, suggesting that bearish momentum may be waning. A bullish crossover could confirm upward momentum. The Stochastic RSI shows oversold conditions, which might indicate a potential reversal to the upside if confirmed by price action. Targets Based on the Flag Structure 1. Breakout Target: If this bull flag confirms with a breakout, the target is usually measured by adding the length of the flagpole to the breakout point. The potential target could aim for the $40-$50 range, depending on where the breakout occurs. 2. Invalidation Level: A breakdown below the support zone (~$13-$15) would invalidate the bull flag structure and could signal further downside. Key Levels to Watch 1. Resistance: The upper trendline of the channel is the key resistance. A breakout above it with strong volume would confirm the bull flag. 2. Support: The lower trendline and the support zone (~$13-$15) need to hold for the bull flag structure to remain intact. Potential Triggers 1. Macro Events: Bull flags often play out during periods of improving market sentiment or bullish catalysts, watch for President Trumps inauguration on Jan 20, 2025. 2. Bitcoin’s Movement: Arweave (AR) and altcoins tend to follow Bitcoin's price action. A Bitcoin rally could push AR out of consolidation.
CRYPTO:ARUSDLong
by PrimeChart
2
TradeCityPro | XLM : Tracking Corrections and Key Levels👋 Welcome to TradeCity Pro! In this analysis, I’ll review the XLM coin. The Stellar project is one of the oldest crypto projects and operates one of the earliest decentralized exchanges (DEXs). 📅 Daily Timeframe: Correction After a 500% Rally In the daily timeframe, we observe a powerful upward trend. After bottoming out at $0.0884, bullish momentum entered the market. Once $0.1101 was broken, this momentum increased further. With higher buying volume and RSI entering the Overbought zone, the resistance at $0.1566 was also broken, and the price is now near its ATH. 🔍 After reaching the $0.5653 resistance, buying volume and bullish momentum slowed, and the market has entered a more stable corrective phase. So far, the price has corrected to $0.3308, which isn’t even the 0.382 Fibonacci level and indicates the correction hasn’t fully reflected the sharp price increase. 📈 The price might resume its upward movement with strong momentum even with this shallow correction. If the $0.5653 ceiling is broken, the price could move to the $0.7247 ATH resistance and potentially form new all-time highs if this resistance is surpassed. 🔽 However, the price is currently forming lower highs, which increases the likelihood of further correction due to insufficient correction thus far. If the market leans towards correction, the price might retest the $0.3308 support and, if broken, could reach supports like the SMA99 and the 0.382 Fibonacci level. Further corrections could lead the price to 0.5 and 0.618 Fibonacci levels. A break below 50 on RSI would strengthen the corrective scenario. ✨ If you’ve previously bought this coin at lower prices and are looking for an exit point, I recommend exiting if the price stabilizes below $0.3308. However, if you wish to maintain your profits and re-enter, you can consider buying again if the price recovers above this level. ⏳ 4-Hour Timeframe: Futures Triggers In the 4-hour timeframe, we can observe the price movement during the correction phase in greater detail. As you can see, the price has a critical resistance at $0.4651, which it has tested multiple times. 📊 The best long trigger currently is breaking the $0.4651 resistance, with the first target being $0.5781. Breaking this $0.5781 level would provide a second long trigger. 🔽 For short positions, the first trigger, which is quite risky, is breaking $0.3907, while the main trigger is $0.3240. The targets for these positions have been identified using Fibonacci levels in the daily timeframe. However, since the main trend remains bullish, all short positions carry significant risk. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
9
Bitcoin -> CorrectionBitcoin hit my target 100-120k of last video. right now I have the 108k it hit as the 5th wave of the move that developed off the $16k bottom and we are looking at a larger correction around the $70k for an A wave. Looking at the bullish case which is still a decent possibility is that we have hit the C wave or will soon (above 87.5k) and should start moving up again shortly. if we do get the bullish move, I'm unsure at this moment to say whether we started another big move or it will be moving to another 5th wave top with large correction to follow. not financial advice -cryptowaveman
INDEX:BTCUSDShort
by cryptowaveman