BTC/USD : Another Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Bitcoin chart on the 4-hour timeframe, we observe that after our previous analysis, the price surged to $108,400 before experiencing a sharp decline, correcting down to $92,000. Currently, Bitcoin is trading around $93,800. If the price manages to stabilize above the $90,600 to $92,300 range, we could anticipate further growth for this cryptocurrency. This analysis will be updated.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Cryptomarket
HBAR / USDT: Breaking out from Trendline resistance HBAR/USDT: Breaking Out from Trendline Resistance – Bullish Rally Ahead?
HBAR/USDT is making waves 📈 as it breaks through a critical trendline resistance zone 📊. This breakout signals the potential for a strong bullish trend to unfold 🚀. With momentum building, traders should keep a close eye 👀 on this pair for further confirmation and opportunities.
Key insights:
1. Trendline resistance breached: HBAR/USDT has successfully broken a long-standing trendline that previously acted as a barrier. This breakout could pave the way for a significant upward move.
2. Volume surge: A noticeable increase in trading volume accompanies the breakout, indicating strong buyer interest 🔥.
3. Bullish signals: Momentum indicators like RSI and MACD are turning positive ⚡, supporting a continued bullish trend.
Steps to confirm the breakout:
Look for a clear 4H or daily candle closing above the trendline 📍.
Monitor trading volume; a surge confirms strong buying activity 📊.
Watch for a potential retest of the broken trendline, now acting as support, to solidify the breakout ✅.
Stay cautious of fake breakouts, characterized by sharp reversals or wicks above the trendline ⚠️.
Risk management strategies:
Implement stop-loss orders to protect your position and manage risk 🔒.
Size your position wisely, ensuring it aligns with your overall trading strategy 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
BTCUSDT - Bearish sign?daily chart displays a ascending broading wedge pattern
can notice obviously how price action going when touches the lower side of the pattern
You'll notice a full absorption of the candle, with only a wick touching the lower part of the pattern.
It's important to understand that the ascending wedge pattern is inherently bearish, often signaling a downward move. However, Bitcoin rarely gives you a clear short signal like this—it will likely liquidate all short positions first.
What’s expected is a strong upward move in the coming days, followed by a drop. Bitcoin’s target for this correction is 85k.
Bitcoin | How to Master Ranges ?In our latest analysis ( BTCUSDT.P: Liquidation of Highly Leveraged Longs ) about ranges we had concluded that high leveraged longs would be liquidated, this was due to the belief of the indicators (cdv, volume footprint, etc.) that there were buyers.
However, the lack of buyers in the current picture is a big problem, the data currently says so, but the data is not stable, it can change, you can follow this from volume footprints, cumulative delta volume, liquidation heatmaps. If you do not know how to use these, you can visit my profile, you can contact me, I explain how I use all these tools completely free of charge.
My opinion today is that the price will sell nicely from the red line and the decline will deepen, and everyone who follows me knows that I have been repeating this opinion since $103,000.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
PENGUUSDT Analysis: Balancing Risk and OpportunityPENGUUSDT has experienced an 85% daily volume increase , signaling rising interest. If you don’t want to miss out, the first area presents a decent entry. However, if you’re aiming to minimize risk, the lower area is a better option. Keep in mind that this coin is relatively new , making the risk higher. Personally, I risk half of my normal amount across both areas to balance opportunity and caution.
Key Points:
Volume Spike: 85% daily increase shows growing attention.
Risk Management: First area is for those who don’t want to miss out; the lower area is safer but with potentially fewer opportunities.
New Coin Warning: Higher risk due to the coin's limited history.
Confirmation Indicators: I will use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks on lower time frames for validation.
Learn With Me: If you want to master how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to find precise demand zones, just DM me. I’m happy to help!
Reminder: Be aware of the market's current state and approach it with caution. Successful trading relies on meaningful levels and robust confirmations.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you! Wishing everyone success in their trades.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Why I’m Bullish on BTC Right NowShort-Term BTC Analysis
After a recent correction, Bitcoin seems primed for a short-term uptrend. Here’s why:
Technical Signals Point to a Rebound:
• Volume Surge: November 11 saw a 3x volume spike at key price levels, suggesting strong buyer interest.
• Bollinger Bands: The bottom band is providing support, signaling oversold conditions.
• 50 MA: The 50-day moving average is also acting as a support level, adding to bullish momentum.
• 10% Decline Factored In: BTC already corrected by 10%, clearing some of the overbought conditions.
Trend Analysis:
• The overall trend remains bullish.
• A key support line has been tested successfully, while a resistance line has flipped to support after being tested twice—classic bullish behavior.
With strong fundamentals and technical signals aligning, Bitcoin looks ready to move upward in the near term.
Stay tuned for updates and insights!
Don’t forget to like, share, and follow for more crypto market analysis. Let’s make the most of these opportunities together!
EIGEN Price Analysis – Key Levels and OutlookRecent Performance:
Retracement: EIGEN has retraced to the midpoint of its November-December rally, testing a critical support zone as it approaches a period of heightened supply due to a token unlock event.
Higher-Timeframe Support: Begins at $3.3792, corresponding to the high of the November 25th bullish gap.
Support Levels:
Primary Support Inside Gap:
$3.3000: November 11th's weekly high, offering initial support within the gap.
$3.1911: November 4th's rejection level, representing stronger secondary support.
Deeper Support: If the gap fails, the next significant zone lies at:
$2.8932: November 24th's bullish gap.
Aligns with November 11th's weekly accumulation midpoint, providing robust support for potential reversal.
Upside Targets:
Short-Term Resistance:
$4.4820: December 21st swing high, where bears’ stops could cluster.
$4.6355: December 14th rejection, likely to act as a significant resistance level.
Long-Term Targets:
$5.0213: December 16th's distribution zone, beyond which resistance appears minimal, allowing for potential price discovery.
Key Considerations:
Token Unlock Impact: Bulls may wait to absorb the newly unlocked supply before initiating significant buying activity.
Breakout Conditions: A decisive move above $4.4820 with volume could trigger a cascade of short covering, driving momentum toward $4.6355 and beyond.
Failure Scenario: A breakdown below $2.8932 would invalidate the bullish structure, signaling deeper retracement and potential accumulation at lower levels.
Daily Analysis of Ethereum – Issue 236The analyst believes that the price of { ETHUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Alikze »» ONE | Accumulation phase🔍 Technical analysis: The accumulation phase is ready for the bullish wave 3 rally - 1W
📣 BINANCE:ONEUSDT In the previous analysis, the weekly timeframe was corrected after hitting the supply zone, the details of which were examined.
🟢 On the weekly timeframe, it is in a three-year range in a concentration that is in the accumulation phase.
🟢 At present, given that the current supply zone has been consumed, we should wait for the zone break for the next supply zone.
🟢 Therefore, this upward leg will have the ability to grow to the neckline area, which can bring a 200-300% rally.
💎After breaking the second supply zone and consolidating above the area, it will have the ability to grow to the 84 cents area.
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
Will Ethereum reach $8500 ?Ethereum (ETH) has been a focal point in the cryptocurrency world, drawing both admiration and skepticism. As Q4 unfolds, Ethereum has shown remarkable resilience, staying on its intended path despite market fluctuations. This article explores Ethereum's journey, its current standing, and the potential for it to reach the ambitious target of $8,500.
Everyone criticizing Ethereum should take note: ETH is still on track and hasn't deviated from its course. In Q4, Ethereum was never expected to reach new all-time highs (ATH). Despite performing better than anticipated, ETH remains steadfast on its intended path. It exhibited a bearish pattern, forming higher lows and lower highs before stabilizing. It then marked a higher low, established a bear market high, broke through this high, retested it just before Q4, and began its upward trajectory.
Here's how the forecasted ETH pattern looks—believe me, we're still on track. 📈
Ethereum's chart demonstrates a clear path forward, with key indicators suggesting sustained growth. The technical analysis points towards Ethereum reaching significant levels, with the 2.0 Fibonacci extension level being a crucial milestone.
I believe $8,500 is a realistic target for Ethereum, corresponding to the 2.0 Fibonacci extension level. The Fibonacci extension tool is commonly used in technical analysis to predict future price movements based on past price trends. The 2.0 Fibonacci extension level suggests that the price could potentially double from its previous move. In this case, reaching $8,500 fits within the expected range of this extension level, making it a plausible target.
When ETH's price reaches the 2.0 Fibonacci extension level, its market cap will be approximately $625 billion, reflecting a 155% increase. If the price continues to rise and reaches the 2.618 Fibonacci extension level, the market cap would soar to around $859 billion, marking a 214% increase. These levels are calculated based on today's price.
To all the Ethereum doubters out there: Keep talking while ETH keeps building. 📈 Your doubts fuel our progress. Watch and learn! 💪🔥
Ethereum's journey is far from over, and its resilience in the face of criticism only strengthens its position. As it continues to build and innovate, ETH is poised to reach new heights, potentially hitting the $8,500 mark and beyond.
Ethereum's path is filled with potential, and the signs are pointing towards significant growth. With the 2.0 Fibonacci extension level serving as a realistic target, $8,500 is within reach. Whether you're an investor or a skeptic, keeping an eye on Ethereum's progress is essential, as it continues to defy expectations and carve its path in the crypto world.
Bearish drop off pullback resistance?Ethereum (ETH/USD) is rising towards the pivot and could drop to the 1st support which has been identified as an overlap support.
Pivot: 3,524.74
1st Support: 3,217.92
1st Resistance: 3,713.01
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BNB analysis:bearish movement ahead?We can see that BNB has started a bearish channel recently which hasn't been broken yet! so if we observe closely and take a look at RSI we can find out It's gonna stay in the channel for now, cause there is a possibility of a Bearish cross between RSI & RSI MA Which means the Bearish trend shall continue for now.
you can see that BNB reacted as expected in the past few times to RSI so we can be sure of the next movement.
MARKETS week ahead: December 23 – 29Last week in the news
The Fed cut interest rates by another 25 bps, but Powell`s rhetoric in an after the meeting address to the public did not make markets happy. A correction was strong and immediate. The US equity markets were hit the most, followed by the crypto market. A market correction brought the S&P 500 down to the level of 5.930. BTC reached its lowest weekly level at $ 92K, however, recovered as of the weekend to the level of $97K. The price of gold followed US Dollar volatility, dropping down to the level of $2.622. In line with Feds expectations of a 50 bps cut in 2025, the 10Y US benchmark yields jumped to the levels above the 4,5%.
At a December FOMC meeting the Fed cut interest rates by another 25 bps, which was generally expected. However, markets were not at all happy to hear what followed. The FOMC projections for year 2025 showed inflation expectations to be higher from previously estimated. The PCE inflation indicator is expected to end 2025 at 2,5%, higher from previous estimation of 2,2%. The targeted 2% is expected to reach in 2027. At the same time the Fed expects the jobs market to be cooling, but the GDP forecast was not changed from the previous estimate. As the discounting rate changed, so the markets entered into correction, where US equity markets were hit the most.
On a positive side for US markets is that the Bank of Japan decided to hold interest rates at 0,25% for the third time this year. Considering significant carry trade in Yen, this is positive news that markets will not suffer another shock till the end of this year.
A hit for the European markets during the previous week was a slide of value of Novo Nordisk shares by 20%. This drop came after the Danish drug maker published results for a weight-loss drug that did not meet expectations in a trial. Although the drug was expected to help patients to lose 25% in weight, the trial showed efficiency of 22,7%. It seems a low difference in effect, but might make a huge difference with competition, hence, investors decided to reduce the value of Novo Nordisk.
China is continuing execution of its long term goals to be the leader in the field of electric vehicles in the future period. The news published by Reuters, points to a Chinese company Nio which has introduced its new EV car model, with the aim to compete with Mercedes SMART and BMW Mini electric vehicles. Nio`s EV will have the same price as German carmakers on China's market. Germany's auto industry is already facing difficulties with car sales, where China was one of the main markets, after Europe.
Crypto market cap
It was a hard week on the crypto market. Unfortunately, this was also the last actively trading week for this year, before the Holiday season in the Western markets. So, what actually happened? The Fed managed to spoil Holiday fun and decided to revise its economic projections for the next year. In a fear of inflation which is expected to be persistent, the Fed is expecting to cut interest rates probably two times, in total by 50 bps. This is exactly what markets did not want to hear, considering that now the discount factor is higher, bringing evaluations into a correction. Also, it should be considered that borrowed money will be more expensive, from previous projections, which again might imply less funds for the crypto market. Total crypto market capitalization decreased by 7% on a weekly basis, although the drop in one moment was more than 10%. Friday's market correction erased some of the weekly losses. Daily trading volumes were also higher, to the level of $397B on a daily basis, from $297B traded a week before. Total crypto market capitalization increase from the end of the previous year currently stands at $1.622B, which represents a 99% surge from the beginning of this year.
Bitcoin was the one to drive the market sentiment during the previous week. However, BTC lost “only” 3,5% in value compared to the price from the end of the week before. BTC also lost $71B in its market cap. Still, when it comes to drop in value in relative terms, altcoins were the ones that lost the most during the previous week. The range goes from 10% up to 30% with some specific coins. The majority of altcoin lost somewhere around 20% on average. It could be noted that major coins lost much less in value from other altcoins. In this sense, XRP was down by 6% on a weekly basis, BNB dropped by 6,5%. Surprisingly, or not, ETH dropped by 12,5%, earning $57B from its market cap.
Considering coins in circulation, the increased activity continues. Stablecoin Tether withdrew the number of coins by 0,2%. LINK had an increase in the number of coins on the market by 1,8%, while Filecoin increased its circulating coins by 0,4% this week. The majority of other altcoins had an increase by 0,1% during the week.
Crypto futures market
The spot market was not at all pretty during the previous week, hence, the crypto futures market could not look much better. Both BTC and ETH futures were traded lower for all maturities, in line with spot market sentiment. However, there are also some positive developments, not all looks so bad.
BTC futures fell by more than 5% for all maturities. Still, on a positive side is that futures maturing from April 2025 hold the levels above the $100K. Also, December 2025 ended the week at the level of $105.710, while March 2026 was last traded at $107.990. This is a positive sign that the market still perceives BTC strong in the long run.
ETH futures had a stronger drop on a weekly basis, of around 12,5% on average for all maturities. The prices of futures fell below the $ 4K levels. December 2025 was last traded at $3.721, while March 2026 closed the week at $3.790.
Scalping ETH thesis investment Ethereum (ETH) Trading Thesis – Summary
Objective:
Take Profit (TP): $3,500
Stop Loss (SL): $3,440
Overview: Ethereum (ETH), the second-largest cryptocurrency, remains a leading platform for decentralized applications and smart contracts. As of December 24, 2024, ETH shows strong growth potential driven by technological advancements and increased adoption.
Technical Analysis:
Take Profit at $3,500: Identified as a key resistance level based on historical data and Fibonacci retracement, indicating potential bullish momentum.
Stop Loss at $3,440: Placed just below recent support to minimize losses if the price declines.
Indicators:
Moving averages (50-day and 200-day) suggest upward momentum.
RSI nearing overbought levels signals strong buying interest.
Increasing trading volumes support the current trend towards the TP target.
Risk Management:
Risk-Reward Ratio: 1:1, balancing potential gains and losses.
Position Sizing: Limit risk to a small percentage of the portfolio (e.g., 2%) to manage exposure.
Diversification: Maintain a varied portfolio to mitigate overall risk.
Fundamental Catalysts:
Ethereum 2.0 Upgrades: Enhancements in scalability and efficiency bolster ETH’s value.
Growth in DeFi and NFTs: Increased demand from decentralized finance and non-fungible tokens sectors.
Institutional Adoption: Growing interest from institutional investors supports price stability and growth.
Potential Risks:
Regulatory Changes: New regulations could negatively impact ETH’s price and adoption.
Market Volatility: High volatility may trigger stop losses or limit profit potential.
Technological Delays: Setbacks in Ethereum’s development could affect investor confidence.
Conclusion: Ethereum presents a promising trading opportunity with a clear strategy to take profit at $3,500 and limit losses at $3,440. Effective risk management and ongoing monitoring of market and technical indicators are essential for capitalizing on ETH’s potential upward movement.
Disclaimer: This summary is for informational purposes only and does not constitute financial advice. Conduct your own research and consider your financial situation before making investment decisions.
BTCUSDT - where is supporting region? whats next??#BTCUSDT.. continues selling candles and now market just near to his current expected supporting region.
that is around 89000 to 90000
keep close that region because that region will decide market next move of 5 to 8k pips.
don't be lazy here.
good luck
trade wisely
GALA Going To 0.29$There’s one zone to buy GALA and HOLD it zone ( 0.03$ - 0.28) target 0.29$
What’s GALA Coin ?
—————————————-
GALA Coin is the native cryptocurrency of Gala Games, a blockchain-based gaming platform. Gala Games aims to revolutionize the gaming industry by giving players more control over the games they play, including the ability to own in-game assets and influence the development of the games themselves.
Here are some key aspects of GALA Coin:
1. Utility in Gala Games Ecosystem:
• GALA is used as the primary currency within the Gala Games ecosystem. Players can use GALA to purchase in-game items, NFTs, and other assets in Gala-powered games.
• It is also used for governance, allowing holders to vote on decisions related to the development of the platform and its games.
2. Decentralized Gaming:
• Gala Games is built on blockchain technology, meaning it allows for true ownership of in-game assets. These assets, such as NFTs (Non-Fungible Tokens), can be bought, sold, or traded on various marketplaces.
• Players can earn GALA coins by participating in games or contributing to the network in other ways, such as running nodes or supporting Gala Games’ decentralized ecosystem.
3. Play-to-Earn:
• Gala Games is part of the emerging “play-to-earn” (P2E) trend, where players can earn rewards (in GALA or NFTs) through their in-game achievements and participation.
4. Gala Node Network:
• Gala Games operates a decentralized node network, where individuals can run nodes to support the infrastructure of the Gala Games platform. Node operators are rewarded with GALA coins for contributing to the network.
5. Games on the Gala Platform:
• Gala Games has several titles within its ecosystem, including “TownStar” (a city-building game), “Mirandus” (a fantasy RPG), and others. These games often integrate GALA coins and NFTs for in-game transactions.
Overall, GALA Coin serves as a key element in Gala Games’ vision to create a decentralized gaming ecosystem, where players are incentivized to participate and contribute, and have real ownership of their in-game assets.
CAKE SWING LONG IDEAI know everyone is fearful in the crypto market right now.
People are scared to buy at these lows because they believe Bitcoin will likely continue to decline. And yes, that could happen. But guess what?
BTC is sitting on daily support.
BTC dominance hit 60% and is possibly forming lower highs (check my BTC DOM analysis).
The Fear Index is at 54—people are scared.
Funding rates are extremely negative.
Most assets' RSI levels are oversold (in a bull market!).
All these factors tell me it’s the perfect time to open swing long positions while everyone else is panicking and selling their coins at the lows.
All these factors tell me it’s the perfect time to open swing long positions while everyone else is panicking and selling their coins at the lows.
Let’s look CAKE as an example:
Cake has currently hit the monthly and weekly demand zones. It has rejected the weekly demand and broken the 4H structure.
We’ve seen strong upside movement following this, confirming the second leg of the higher high formation on the 4H timeframe.
TARGETS:
TP1: $3.41
TP2: $4.02
TP3: $4.50
SL: Below $2.05 (daily close)
DAR/USDT: Major Historical Levels Analysis| NEXT 1100% PotentialBINANCE:DAR/USDT - 1D TIMEFRAME 🎯
MARKET STRUCTURE:
━━━━━━━━━━━━━━━━
✦ CURRENT PRICE: $0.13873 (-2.07%)
✦ FIRST TARGET: $0.74760 (+525%)
✦ ULTIMATE TARGET: $1.65318 (+1,100%)
✦ TIMEFRAME: Daily/Long-term
TECHNICAL BREAKDOWN:
━━━━━━━━━━━━━━━━
1. HISTORICAL CONTEXT:
• Price at multi-year support level
• Significant consolidation since May 2023
• Major historical resistance levels marked
2. KEY PRICE LEVELS:
• Current Support: ~$0.13-0.14
• First Major Resistance: $0.74760
• Second Major Resistance: $1.65318
3. VOLUME PROFILE:
• Current Volume: 29.45M
• Low volume consolidation phase
• Potential accumulation period
STRATEGIC OUTLOOK:
━━━━━━━━━━━━━━━━
LONG-TERM POTENTIAL:
• Two major upside targets identified
• Historical resistance levels as targets
• Significant upside potential from current levels
RISK CONSIDERATIONS:
• Current downtrend needs reversal confirmation
• Volume increase needed for momentum
• Extended consolidation possible
ENTRY STRATEGY:
━━━━━━━━━━━━━━━━
• Wait for reversal confirmation
• Look for volume expansion
• Consider scaling in on breakout confirmations
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
Trading involves substantial risk. This analysis is educational and should not be considered financial advice. Always conduct your own research and trade responsibly.
#DAR #Crypto #TechnicalAnalysis #TradingView #CryptoTrading
Tags: @TradingView
Note: The significant upside targets are based on historical price levels. Always use proper risk management and position sizing.
#ETHUSD 4HETHUSD (4H Timeframe) Analysis
Market Structure:
Double Top Pattern: A classic reversal pattern has formed, with the price testing a key resistance level twice and failing to break higher, signaling potential bearish pressure.
Forecast:
Sell Opportunity: The formation of the double top suggests a possible reversal, with a move to the downside expected once the price confirms a break below the neckline.
Key Levels to Watch:
Entry Zone: Upon the break below the neckline of the double top pattern or after a retest of the neckline as resistance.
- **Risk Management:**
- **Stop Loss:** Placed above the recent high or the top of the double top pattern to manage risk.
Take Profit Zones: Target the next support levels or Fibonacci retracement zones for potential downside movement.
Market Sentiment:
Bearish Bias: A double top typically signals a reversal from an uptrend to a downtrend, with increased selling pressure expected once the neckline is broken.