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BITCOIN 1 HR POSSIBLE SCENARIOS 🚨 BITCOIN 1-Hour Analysis 🚨 Here’s what we’re watching: 📈 Upside Targets: • TP1:94650 • TP2: 95150 📉 Downside Targets: • TP1: 93380 • TP2: 92400 So we have to watch out for $93900- $9400 level. If BTC stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit) Keep an eye on key levels and trade smart! 💹 What’s your take? Drop a comment below and share this with your trading crew! 🚀
BYBIT:BTCUSD.P
by ProfitMatrix
BITCOIN (BTC) Setting Up for One Last Dip Before 200kCurrently, CRYPTOCAP:BTC is about to tag the equal lows at 92.1k, but I’m not betting that level will hold. I’m more focused on the opportunity if CRYPTOCAP:BTC drops into the low 80ks. It might be a bit ambitious, but I’ve been waiting since the tap at 107k. I expect this move to unfold before mid-January. By halfway through Q1, we could start to see some market strength, with a potential target of 198k for BTC. MARKETSCOM:BITCOIN
COINBASE:BTCUSDLong
by ZelfTrade
1
BTC Eyes New Highs: A Momentum Reversal Indicator PerspectiveAs we step into the final days of the year, all eyes are on the flagship cryptocurrency, Bitcoin ( BINANCE:BTCUSD ). December has historically been a pivotal month for BTC, often setting the tone for the new year's crypto trends. Let’s explore if Bitcoin is primed for a bullish breakout, consolidation, or a reversal as we close out 2024! 🚀 Bitcoin ( BINANCE:BTCUSD ) is gearing up for another potential surge, with the TD Sequential indicator flashing bullish signals across multiple timeframes. This analysis dives deep into the monthly, weekly, and daily charts to pinpoint high-probability entry points and profit targets for swing traders. The Bullish Convergence When we examine the long-term picture, a compelling narrative unfolds. The monthly chart shows a clear transition from red (bearish) to green (bullish) setups, culminating in Green Setup 3 — developing an uptrend with room to run before exhaustion sets in. Zooming into the weekly timeframe, we see a recent Green Setup 3 followed by a brief pullback (Red Setup 1) and a renewed push higher (Green Setup 1). When the Green Setup 1 holds, it confirms the bullish bias and offers an early entry opportunity for swing traders. Finally, the daily chart reveals a decisive shift in momentum. A Red Setup 6, signaling potential downside exhaustion, has given way to a Green Setup 2, confirming the nascent uptrend. Pinpointing Entry and Targets With the bullish backdrop established, let's identify precise entry points and profit targets. Entry : Ideal entry points occur on price flips (e.g., Green 2 closing above Green 1) or breakouts above resistance levels, preferably with Green Setup 2 or 3 on the daily chart for confirmation. Stop-Loss : Place your stop-loss below the nearest support level. This could be the TI Setup Trend Support line on the monthly chart, the recent swing low on the weekly chart, or the Green Setup 1 low on the daily chart. Take-Profit : Aim for Fibonacci retracement levels and resistance lines. On the monthly chart, the target resistance is near Green 8 or Green 9. On the weekly chart, look for prices approaching swing highs or Fibonacci extensions (e.g., 161.8%). Utilize shorter-term resistance levels on the daily chart for partial profit booking. Confirmation is Key While the TD Sequential provides a robust framework, it's prudent to incorporate other indicators for confirmation. RSI : Ensure no overbought conditions exist on the higher timeframes. Bullish divergence on the lower timeframes strengthens the trade setup. Moving Averages : Crossovers like the Golden Cross (50-day MA crossing above the 200-day MA) support a bullish trend. Trendlines : Breakouts from consolidation patterns aligned with TD Sequential signals offer high-probability entry points. The Bold Prediction Bitcoin appears poised for a significant rally based on this confluence of factors. 3-Month Projection : BTC will likely approach or exceed the resistance level corresponding to a Green 8 or 9 on the monthly chart. 6-Month Projection : If the bullish momentum persists, expect substantial upside, with BTC breaking prior resistance levels and testing higher Fibonacci extensions. Potential gains of 15-25% from the current price could unfold. Disclaimer : This article is intended for educational purposes only and does not constitute financial advice. Conduct your own research and manage your risk responsibly before making trading decisions.
BINANCE:BTCUSDLong
by charts-tradingmri
PENGUIN in Support?Price has reached a crucial moment as it touches the major support trendline (green) after an extended downtrend. The MA200 (blue line) touched price, and this intersection with major support could present an interesting turning point. Watch closely for price action around this level. Potential bounce or breakdown will determine the next directional move. Always maintain proper risk management and wait for confirmation before taking positions. #crypto #technicalanalysis #trading #PENGU
Long
by Cuklek
4
ETH cooling off?ETH broke a fib level of 0.786 at 3,406 now on a downtrend towards the 0.618 level at 2,866 in the monthly. Weekly fib, floating right under 3,406 bounced off a 3,213 support. Quick conclusion, on a cool downtrend watching the 2,866 fib level if it breaks the 3,213 support. On the Daily currently showed a reverse double stop, rejecting price forcing it down. Now cooking in a triangle on the daily on a downtrend which usually indicates bearish signals. Zoom out still trending up, watching the 3,406 fib level for uptrend signals. Don't forget what, and who you're doing this for. Remember to always to take your profits, DYOR, and invest only what you can afford to lose. My stuff is never any financial advice, i just post my opinions of stuff that i am on, goodluck, and happy holidays!
COINBASE:ETHUSD
by forstockzonly
NEAR Protocol NEAR Comprehensive Analysis of NEAR Protocol (NEAR/USDT) ✨⚡ Introduction NEAR Protocol is an innovative blockchain project that has gained a prominent place in the cryptocurrency market by focusing on scalability, high efficiency, and cost reduction. Today's analysis examines the technical trend of NEAR in the weekly timeframe and identifies the best entry and exit points. ✨⚔️ 1. Technical Analysis 1.1 Key Support and Resistance Levels Support: NEAR is currently at a key support level around the 0.618 Fibonacci retracement (4.832 – 4.993 USD), making it an important entry point. ✨ If this support is lost, the price may drop to the bottom of the range box (3.099 – 3.580 USD). Resistance: The first significant resistance is the yellow zone (5.369 – 5.731 USD), which poses a barrier to further price ascent. A breakout of this resistance on the daily timeframe could confirm a step-by-step entry strategy. The primary resistance is at the red zone (7.380 – 8.430 USD), overlapping with the top of the range box. A breakout above this level could trigger a bullish wave toward Fibonacci targets. 1.2 Bullish Targets (Targets) First target: Fibonacci 1.618 (11.921 – 13.771 USD) 🌟 Second target: Fibonacci 2.272 (20.273 – 23.379 USD) 🌈 1.3 Bearish Scenario If the key support levels are lost, the price could fall to the second gray support zone (1.715 – 1.940 USD). ⚠ 2. Indicators and Momentum 2.1 RSI Indicator The RSI is currently in the supportive range (45.63 – 49.42), indicating increasing momentum. If RSI enters the overbought zone (76.83 – 79.85), it could signal the start of sharp movements toward the aforementioned targets. 🔥 2.2 Volume Volume plays a key role in confirming resistance breakouts. If there is an increase in volume near resistance levels, the likelihood of a breakout is higher. Otherwise, the price may remain within the current range box. 3. Entry Strategy and Risk Management 3.1 Entry Strategy Step-by-step entry: Initial entry within the support zone (4.832 – 4.993 USD) Add volume if the yellow resistance (5.369 – 5.731 USD) is broken Final confirmation: Breakout of the red resistance (7.380 – 8.430 USD) and increase volume. 3.2 Risk Management Stop-loss: Place the stop-loss at the bottom of the range box (3.099 USD). Risk-to-Reward Ratio: A minimum ratio of 1:3 for the proposed entries. 4. Future Price Movement Predictions (Scenarios) Bullish Scenario A breakout above the yellow resistance and stabilization above it could push the price to the top of the range (7.380 – 8.430 USD). A move past the range top would start a bullish trend toward the Fibonacci targets (11.921 – 13.771 USD). Bearish Scenario Losing the 0.618 support and the bottom of the range will lead to a decline to the zone (1.715 – 1.940 USD). 5. Conclusion NEAR is currently at a critical level that may soon lead to significant price movements. By employing a step-by-step entry strategy and proper risk management, one can take advantage of this opportunity. Continuously monitoring trading volume and price behavior near resistance and support levels is key to success in this market. ✨ Always compare your analysis with other reliable sources and follow sound capital management principles. 🚀
Long
by alizeynali69
Understanding Fibonacci Retracementtool fans will like this one XD Fibonacci Retracement is a popular technical analysis tool used by traders to identify potential support and resistance levels. Based on the Fibonacci sequence, this tool helps traders predict price pullbacks and continuation levels in trending markets. What is Fibonacci Retracement? Fibonacci Retracement levels are derived from the Fibonacci sequence, a mathematical pattern where each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5, 8, etc.). Key ratios from this sequence, such as 23.6%, 38.2%, 50%, 61.8%, and 100%, are used to indicate potential price reversal or continuation zones. How to Use Fibonacci Retracement 1.Identify a Trend: - In an uptrend: Draw the Fibonacci retracement from the swing low to the swing high. - In a downtrend: Draw the Fibonacci retracement from the swing high to the swing low. 2. Key Levels: -23.6%: Represents shallow pullbacks; usually seen in strong trends. -38.2% and 50%: Common retracement levels where price often consolidates or reverses. -61.8%: Known as the "golden ratio," a significant level for potential reversals. -100%: Indicates a full retracement of the trend. 3. Support and Resistance Zones: - Price may bounce or consolidate near these Fibonacci levels, acting as dynamic support in an uptrend or resistance in a downtrend. How to Interpret Fibonacci Retracement Levels -Reversal Zones: - If the price retraces to a Fibonacci level and then resumes the trend, it confirms the level as significant. - **Breakouts:** - A break above or below a Fibonacci level may signal continuation in the direction of the breakout. Strengths of Fibonacci Retracement -Simple to Use:Visual and straightforward for identifying support and resistance levels. -Widely Applicable:Works across various markets (stocks, forex, crypto, etc.) and timeframes. -Combines with Other Tools:Enhances the effectiveness of indicators like RSI, MACD, and trendlines. Limitations of Fibonacci Retracement -Subjectivity:The placement of swing highs and lows can vary among traders, leading to different retracement levels. -Lagging Nature:Like most technical tools, Fibonacci Retracement relies on past price action and doesn’t predict future movement. -False Signals:Not all retracement levels lead to reversals, especially in volatile or news-driven markets. Best Practices for Using Fibonacci Retracement 1.Combine with Other Indicators: - Use with momentum indicators (e.g., RSI, MACD) or candlestick patterns for stronger confirmation. - Pair with trendlines or moving averages to validate Fibonacci levels. 2.Use Multiple Timeframes: - Analyze Fibonacci levels on higher timeframes for broader trends and lower timeframes for precise entries and exits. 3.Set Realistic Expectations: - Don’t rely solely on Fibonacci levels for decision-making. Use them as part of a broader strategy. Example of Fibonacci Retracement in Action Imagine Bitcoin (BTC) last uptrend movement which I'm showing here, and the price moves from $67,000 to $106,000. After reaching $106,000, the price begins to pull back. By applying the Fibonacci Retracement tool from $67,000 (swing low) to $106,000 (swing high), you can identify key levels at $97,000(23.6%), $91,300 (38.2%), $86,700(50%), and $82,100 (61.8%). If the price retraces to $ 91,300 and bounces upward, this confirms the 38.2% level as strong support. (Green line) (shown on the chart) Conclusion Fibonacci Retracement is a valuable tool for traders seeking to identify potential price reversal zones and continuation points. While it’s easy to use, its accuracy improves when combined with other technical indicators and a thorough understanding of market conditions. Practice drawing Fibonacci levels on historical charts to develop confidence and refine your trading strategy. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨
Education
by CRYPTONIC_trend
TON: The Fastest Blockchain Network?This time, let’s dive into fundamental topics. While technical analysis provides little guidance at this stage, and entering into a deal may not be the best option right now, there are still fundamental aspects worth discussing. TON (The Open Network) may have a number of significant advantages over other blockchain networks. Let me explain. 1. Speed One of TON’s standout features is its speed. Transactions on the TON network are confirmed within seconds, making it one of the fastest blockchain networks. With the ability to process up to 104,000 transactions per second, TON currently holds the title of the fastest blockchain. 2. Low Transactional Costs Another key advantage is TON’s low transactional costs, which make it ideal for microtransactions and daily payments. This allows the network to achieve greater scalability and practical usability in real-world applications. 3. Security TON employs the BFT consensus algorithm (Byzantine Fault Tolerance), which ensures a high level of security and resistance to attacks. (Note: BFT is a consensus mechanism that enables blockchain networks to function correctly even when some nodes fail or act maliciously. It ensures that all honest participants agree on a single version of the truth.) With its decentralized structure, TON is well-equipped to handle the challenges of modern blockchain security. 4. Long-Term Token Value What supports TON’s token price in the long term? One major factor is its integration with Telegram’s massive user base, which presents a unique opportunity for growth and adoption. As the TON network evolves and attracts more developers and projects, its utility could increase substantially. This is particularly promising for bridging the gap between traditional finance and the emerging world of digital currencies. Additionally, TON’s advertising campaigns use TON coins for payments, and commission fees are reinvested into TON buybacks from the market. This mechanism creates additional support for the token price over time. 5. Opportunities for Growth With its significant customer base, the exponential growth of Telegram, and its success in marketing, TON is well-positioned to grow fundamentally. If these factors align, TON has the potential to increase in value over the long term. The Short-Term Perspective However, this is largely a long-term story, and many market participants here may not have the patience to wait for such growth. For now, I don’t see an opportunity to enter a deal with the TON coin, despite my appreciation for its potential. Did you enjoy the story? Don’t forget to press the Follow and Boost buttons to show your support—I’d greatly appreciate it. Yours sincerely, Mister iM
BINANCE:BTCUSDLong
by themr-im
SPX6900 (Daily Chart) – Analysis and Key Insights1️⃣ Rally and Performance SPX6900 has been on a remarkable rally since September 2024, showcasing its potential as a standout performer. The market experienced a correction phase after the initial surge, creating a base for renewed bullishness. 2️⃣ Bullish Momentum Resumes Since November 26, SPX6900 has displayed consistent bullish momentum, currently sitting at a market cap of $800M. The moving average and price action confirm the market's strength, with higher lows and breakout potential. 3️⃣ Community and Vision The team and community are targeting billions of dollars in market cap, supported by a strong belief in the project’s narrative. This isn’t just about quick trades—the SPX6900 movement is focused on long-term growth and adoption. 4️⃣ Key Community Metrics A growing community of over 60k followers on X, supported by well-known KOLs. The project stands out for its vision-driven narrative, differentiating it from typical speculative coins. 💡 Final Thoughts SPX6900 is shaping up to be a long-term opportunity for patient holders, with potential for significant gains in 2025. If the current momentum continues, this project could become one of the top-performing coins in the coming months. 📌 What’s your view on SPX6900? Let’s discuss in the comments below! 🚀
RAYDIUM:SPXSOL_9T1H1U.USDLong
by TraderOuss_LumaNex
LINK ANALYSIS🚀#LINK Analysis :  Pattern Formation 🔮As we can see in the chart of #LINK that there is a formation Head And Shoulder Pattern and it's a bearish pattern. If the candle closes belowthe neckline then we would see a little dump in #LINK otherwise it will go rise according to the market 📊 🔰Current Price:  $21.80 ⚡️What to do ? 👀Keep an eye on #LINK price action. We can trade according to the chart and make some profits⚡️⚡️ #LINK #Breakdown  #Cryptocurrency #TechnicalAnalysis  #DYOR
by ZEUS_Market_Alerts
DECRYPTING THE TETHER FUD: Emergency Update!DECRYPTING THE TETHER FUD: WHAT IT MEANS AND HOW TO STAY PREPARED ##What’s Happening with Tether? A Simple Breakdown Tether (USDT), the most popular stablecoin, is facing challenges in Europe due to new rules called Markets in Crypto-Assets (MiCA). These rules, starting December 30, 2024, require stablecoin issuers like Tether to follow strict guidelines, including getting an e-money license. If Tether doesn’t comply, it could be removed from European exchanges. ## Why Does This Matter? - Less Liquidity: Tether is a major player in crypto trading. Losing it in Europe could make trading harder and more expensive. - Market Panic: Big news like this can make investors nervous, possibly leading to a drop in prices across the market. ## What is Tether Saying? Tether’s CEO, Paolo Ardoino, says this is all part of a “FUD campaign” (Fear, Uncertainty, and Doubt). He insists that Tether is working on meeting the rules and staying transparent. ## What Should You Do? 1. Spread Your Risk: Don’t rely only on Tether. Try using other stablecoins like USDC or DAI. 2. Stay Informed: Keep an eye on updates about Tether’s progress with the new rules. 3. Plan Ahead: Check which exchanges and trading pairs you can use if Tether faces restrictions. --- The Bottom Line Tether’s situation is serious, but there’s no need to panic. By diversifying and staying alert, you can protect yourself while the crypto market adapts to these changes. Though these kinds of Tether fuds are generally considered to be the catalyst of altseasons, this could be the best time to be prepared. If you have any serious questions, my comments are open, I will read you. If you found this helpful, please hit that like button and share your views in the comments. Thank you #PEACE
CRYPTO:BTCUSD
by Cryptorphic