Analysis of BTC/USDT double top pattern occurring in the market.Hello traders.
As i mentioned before in my analysis when ever the double top pattern occure the market will move downward but still it is not completed when the neckline breacks then it will be the complete double top pattern and it will move btc more download.
If the btc bounce back from the resistance which is making right here on 8600$ it will be more upword.
Shere your valuable thoughs in comments about btc.
Cryptolevels
BTC Bullish Continuation (Another Top OR New Prominent High?)BTC price seems to exhibit signs of overall bullish continuation as the price action may form a credible Higher Low on key Fibonacci and Support levels.
There might be a possibility that BTC may break it's All Time High Price of 109588. It might be worth observing price the action further if 109588 breaks. A potential break may be indicative of another top OR new prominent high (if the range considerably breaks).
Trade Plan :
Entry @ 97389.73
Stop Loss @ 87000
TP 1 @ 107779.46 (Before All Time High)
TP 1.5 - 2 @ 112975 - 118169.19 (After All Time High)
Ride Further with Caution if TP1 hits and move Stop Loss to Break Even if TP1 hits as well.
BNX BUYhello friends
Considering the good growth of this currency, if the price returns to the support areas, we can buy in steps and with capital management.
*Trade safely with us*
XRP Weekly-Monthly Analysis / Best Spot Major Prices to BuyBecause I noticed to much sentiment these days, I felt the need to mention, that Ignoring the investment rules such as F.O.M.O. (Fear of Missing Out), putting to much emotion on your trades, to discuss with the people, ignoring Top to Down Analysis, do not help you reach your goals.
TRADE WHAT YOU SEE, DO NOT TRADE WHAT YOU THINK!
Do not ignoring time frames:
Weekly and monthly time frames help us find the range of price action, where the price will support or resist, as also to spot the oversold and overbought areas. As well as removing market vibrations.
Monthly time frame help us to spot the trend in the following weeks.
Weekly time frame help us to spot the trend of the following days in the week.
Technically for investors who want to buy the XRP and hold it until the future for sell it at a satisfactory price, they have to make sure that the price is it's at its lowest.
On the Daily – Weekly time frame easily we observe the Head and Shoulders pattern which is telling us that the price will reverse and testing the lower prices before an uptrend.
On the weekly time frame we can see that the market signals us for a reversal. We can see the Hanging Man candlestick (09 Dec 2024) and the Bearish Engulfing candlestick (27 Jan 2025).
Major prices using Fibonacci Retracement:
0.00% (3.4000)
23.60% (2.6879)
38.20% (2.2474)
50.00% (1.8914)
61.80% (1.5353)
78.60% (1.0284)
100.00% (0.3827)
Spotting major prices helping us which price to buy. Good spots for buy:
61.80% (1.5353) – Golden Zone / Golden Pocket
78.60% (1.0284) – Entry Zone
Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’ and safer zone to buy at ‘’ 0.9500 ‘’…
For sure we will meet a lot of consolidation at 50.00% (1.8914) before the prices will drop.
The only remaining is the fundamentals that we can apply them in the chart.
Thanks to all of you!
EUR/USD 1H Analysis: EMA 200 Retest & Fibonacci Pullback – Key LKey Observations:
Ascending Wedge Breakout & Price Surge
The price broke out of a wedge pattern (green shaded area) with strong bullish momentum.
A strong rally led to a new local high (~1.0489).
Fibonacci Retracement Levels
The price is pulling back from the high, and Fibonacci retracement levels are marked.
Key levels to watch:
0.618 (1.04385) – Strong support
0.5 (1.04238) – Moderate support
0.382 (1.04091) – First level of reaction
EMA 200 Retest (~1.04467)
The 200 EMA (blue line) is acting as dynamic support.
The expectation (noted on the chart) is that price may touch or react at the EMA 200.
If it holds, it could trigger another bullish push.
If it breaks below EMA 200, further downside toward Fib 0.618 or 0.786 retracement is possible.
Potential Bearish Rejection (Red Arrows)
The red arrows suggest a possible lower high formation, meaning the price could reject from EMA 200 and start a deeper drop.
Volume Analysis
Increasing volume suggests strong participation.
If volume remains high near EMA 200, we might see a breakout or a strong bounce.
Potential Trade Scenarios:
Bullish Case (Buy Trade)
If price holds above EMA 200 (~1.04467) and forms a bullish reaction, a long trade could target:
First target: 1.0489 (previous high).
Second target: 1.0500+ (psychological level).
Stop Loss: Below 1.0435 (below Fib 0.618).
Bearish Case (Sell Trade)
If price fails at EMA 200 and forms a lower high, it could drop toward:
First target: 1.0430 (Fib 0.5).
Second target: 1.0409 (Fib 0.382).
Third target: 1.0390 (Fib 0.236).
Stop Loss: Above 1.0460 (above EMA 200).
Conclusion:
EMA 200 is the key level to watch.
Bullish bias above EMA 200; Bearish bias below.
If EMA 200 holds, buying could be a good strategy.
If it fails, further downside is expected.
Would you like a precise trade setup based on this? 🚀
Litecoin Could Triple Against Bitcoin (LTC/BTC)As much as crypto annoys me these days, I can't help but still pay attention to this wild market.
There are some red flags - a lot of uncertainty and major paradigm shifts apparently looming on the horizon. Bitcoin has really slowed down, when it comes to price increases and volatility. It's also now associated with political polarization, as it has been predictably co-opted by wealthy interests, aimed at centralizing financial control and surveillance. Nevertheless, cryptocurrencies chug along.
I'll admit, I've always liked Litecoin. Maybe it's because it was the first cryptocurrency I bought where I realized, hey, Bitcoin isn't the best at what it's supposed to do. It was a lot faster and cheaper, and remains a preferred medium of exchange for crypto transfers. This is evidenced by its growing number of active addresses, when compared with Bitcoin's stagnation.
bitinfocharts.com
bitinfocharts.com
Bitcoin's growth has stagnated, when it comes to its use as a transfer of value, whereas Litecoin continues to grow slowly. Litecoin's active addresses are also only about 50% less when compared with Bitcoin, making its "adoption" not all too far behind.
Of course, there are probably many flaws with Litecoin, as there are with cryptocurrencies as a payment method in general, but when you look at the current crypto market cap and how much Litecoin is actually used, it seems to be undervalued when compared to all the other fluff out there.
It just works. Its max supply is also only 4x that of Bitcoin. It's unlikely to ever achieve a market cap similar, but even if it it goes 4x from here in USD terms (taking it just above its past ATH), its market cap would be the same as Dogecoin, around $37B. That's honestly pretty funny to me.
The only thing I like about crypto is that it's marginally better than a lotto ticket. Maybe if things get even more dystopian, owning some crypto isn't a terrible idea. Things are absurd as it is. I don't like it, but that's how things have been going.
For some quick technicals. Litecoin is on its strongest tear against ETH since 2018:
Litecoin also broke down from a major uptrend against the USD a while ago, but if it gets back in (currently above $170ish), it could fuel a pretty explosive rally.
Based on the above LTC/BTC chart, there is room for a pretty large upside correction.
HOWEVER, it's important to keep in mind that markets are fragile overall right now. If Bitcoin makes a sizeable correction, back down to $70-80k or deeper, Litecoin may drop down to some lows not seen in some time. It's also important to remember that serious upside for Litecoin has previously occurred near market tops.
This is not meant as financial advice! This represents my opinion and feelings about the markets, which are always evolving.
-Victor Cobra
BTC – History Doesn’t Repeat, but It Sure RhymesBINANCE:BTCUSD
Revisiting past market structures, it’s striking how Bitcoin’s price action in early 2025 resembles the patterns seen in early 2024. The comparison between the two charts suggests a clear fractal—an almost identical deviation above the range highs, followed by a liquidation event under the range lows before a reversal.
In early 2024, Bitcoin’s price deviated above the established range, trapping breakout traders before swiftly rejecting and flushing out liquidity below the range lows. That deviation marked the absolute bottom before a strong recovery, as the market left behind those who were waiting for even lower prices.
www.tradingview.com
Now, in early 2025, we're witnessing an eerily similar setup:
🔹 A deviation above resistance that lured in late longs, followed by a sharp drop below support.
🔹 A liquidity flush below the range lows, where overleveraged longs are shaken out.
🔹 Sentiment has shifted bearish again, with traders now expecting $70-75K just as they anticipated $35-31K last year.
While I won’t completely rule out lower prices, I find it unlikely that Bitcoin will drop as deep as many expect. The fractal suggests that we may already be near the bottom, setting up for a reversal.
This is why I’ve been scaling out of my protective shorts and accumulating spot positions. As always, patience is key—market reversals happen when the majority least expect them.
Keep an eye on confluences, stay sharp, and don’t get left behind.
BTCUSDT - vomiting camel pattern? then what's next??#BTCUSDT.. market just going to make a technical formation that is VOMITING CAMEL pattern,
that will be a very dangerous formation if its occur.
you can search that formation on google as well.
then next areas are expected like 80000 or 70000
stay sharp
trade wisely
$BTC - Bottom In, Time To BuyHello Friends,
For those of you looking to capitalize on Bitcoin BITSTAMP:BTCUSD you may want to add to your position, or start accumulating for the first time.
I posted 2 days ago saying to wait for $85,000 USD on CRYPTOCAP:BTC
As well back in December 4, 2024 I posted my ideal entry would be $85,000.
We now have our confirmation to Buy/Long
BTC Market Thesis – February 20, 2025Current Market Overview
Current Price: $97,632
Open Position: $95,917.6
Decision: HOLD_BUY – The market is showing bullish momentum, suggesting further upside potential.
Stop Loss: $95,000
Take Profit: $99,600
Confidence Level: 80%
Technical & Market Indicators
RSI (1h): Indicates bullish momentum, suggesting buyers are gaining control.
MACD: Showing a moderate upward slope, signaling potential for further price appreciation.
CME Options Data:
Put/Call Ratio: 0.9 – slightly bullish as call options dominate.
Open Interest: Moderate, meaning traders are engaged but not at extreme levels.
Binance Perpetuals:
Funding Rate: 0.01 – Market leaning slightly towards longs.
Open Interest: 78,892 BTC, indicating a healthy level of market participation.
Profit Ratio Today: 1.20 – Indicates that traders who entered today are mostly in profit, reinforcing positive sentiment.
Possible Scenarios & Probability
1️⃣ Bullish Scenario (60% Probability)
📈 BTC breaks above $98,000 and reaches $99,600
Strong bullish sentiment pushes BTC past key resistance levels.
RSI & MACD confirm continued upward momentum.
Positive funding rate and moderate OI support a sustained uptrend.
Institutional traders (CME data) continue to favor long positions.
2️⃣ Neutral Scenario (25% Probability)
🔄 BTC consolidates between $96,500 – $98,000
Some profit-taking slows the rally, but support at $96,500 holds.
MACD remains positive but shows weakening momentum.
Open Interest suggests indecision, with traders waiting for further signals.
3️⃣ Bearish Scenario (15% Probability)
📉 BTC drops below $96,500 and tests $95,000
Unexpected negative news or macroeconomic factors trigger a sell-off.
RSI becomes overbought, leading to short-term correction.
A decline in Open Interest suggests traders are closing positions.
Final Takeaway
Primary Strategy: Hold and monitor resistance at $98,000.
Risk Management: A stop loss at $95,000 protects against unexpected downturns.
Trigger to Sell: If BTC struggles at GETTEX:98K with weakening momentum, a short-term exit may be considered.
Trigger to Buy More: A clean break above GETTEX:98K with strong volume confirms continuation to $99,600+.
SUI GAME PLAN - SUI NETWORKI will be watching the $2.22 price level for building spot and swing positions on SUI.
The marked purple zone is the weekly demand zone, and I believe it should hold.
Additionally, we will be retesting the March 24 high for the first time, which likely has enough liquidity to create upward momentum.
Invalidation will occur if the $1.60 low is taken out aggressively.
Btcusd Bullishi will be observing manipulation that will last for almost 22 days for this quarter . i am leaning bullish its early to say but still i am bullish on btc 108k is imminent. we opened in discount and manipulation is likely to the lower side so a move to upside is possible.
My insta handle :
asad_chaudhry_
Bitcoin Dominance Analysis Channel Rejection and Its Impact Bitcoin Dominance is currently trading within a well-defined downward channel, indicating a consistent decline over time. Recently, dominance attempted to break below the channel but failed, resulting in a re-entry back into the channel. This failed breakdown suggests that the bearish momentum is weakening, at least temporarily.
A declining Bitcoin dominance typically signals a potential bullish phase for altcoins, as market capital moves away from Bitcoin into alternative cryptocurrencies. However, in this scenario, the downward movement is relatively slow, confined within the channel, which explains the lack of a strong recovery in the altcoin market.
For a more significant altcoin rally, we need to see a clear breakdown of this channel, accompanied by a sharper decline in dominance. A rapid drop would likely trigger stronger buying activity in altcoins, providing better opportunities for traders.
It's crucial to monitor Bitcoin dominance closely, as its next move will provide key insights into potential market shifts. Stay alert and adjust your trading strategy accordingly.
If you find these market insights helpful and want to stay updated with more trade setups and detailed analysis and join my community,feel free to ping me.