Bitcoin - Will Bitcoin continue its upward trend?Bitcoin is trading below the EMA50 and EMA200 on the four-hour timeframe and is trading in its descending channel. Capital outflows from Bitcoin ETFs or risk off sentiment in the US stock market will pave the way for Bitcoin to fall.
Bitcoin’s upward correction and its placement in the supply zone will allow us to resell it. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy in the demand zone.
Donald Trump, the President of the United States, has signed an executive order establishing a task force on digital asset markets. The task force’s mission is to explore ways for the U.S. to lead in the cryptocurrency industry while evaluating the creation of a national strategic digital asset reserve.
Many who are familiar with cryptocurrencies recognize Bitcoin as “digital gold” due to its unique characteristics. According to a recent study, an increasing number of Americans now prefer Bitcoin over gold. ChainPlay, in collaboration with Storible, conducted a survey asking 1,428 Americans about their views and investments in cryptocurrencies.
The study reveals that over 68% of Americans currently own some form of cryptocurrency. Furthermore, 77% plan to increase their investments in the sector by 2025, while 60% believe the value of their assets will double by that year. Other sources indicate that only 13% of Americans owned cryptocurrency as of November 2024, though this discrepancy appears to depend on the methodology used.
Another survey revealed that Trump’s election victory significantly influenced public perception of cryptocurrencies, with 38% of respondents deciding to invest in crypto after the election results. Notably, 84% of these individuals made their first purchase following Trump’s win, viewing him as a pro-crypto candidate.
The idea of preferring Bitcoin over gold or stocks was once a marginal perspective during the bull market of 2017. Today, as governments worldwide announce plans to mine, store, or use Bitcoin for international payments, public opinion has shifted to view Bitcoin more favorably.
Additionally, statistics indicate that many investors have not only bought Bitcoin but have sold their traditional assets to allocate funds to the cryptocurrency. According to the survey, over 51% of these individuals are based in the U.S., reflecting unprecedented optimism toward Bitcoin as “digital gold.”
Mark Cuban, entrepreneur and TV personality, stated that Bitcoin has become a valuable asset and has reached a level of acceptance comparable to gold. Both he and Michael Saylor, CEO of MicroStrategy, emphasize that Bitcoin offers easier transportability and control compared to gold.
In the financial world, opinions on cryptocurrencies, particularly Bitcoin, remain divided. Some figures, like Warren Buffett, remain vocal critics of these assets.
Following Elon Musk’s advocacy, CZ, former CEO of Binance, also expressed support for the idea of recording government expenditures on blockchain. In a tweet, he said: “All governments should record their spending on blockchain, creating a public and immutable ledger. After all, government spending is public spending.”
According to a report from Street, Eric Trump, son of Donald Trump, recently stated that domestic cryptocurrency projects in the U.S., such as XRP and HBAR, will benefit from tax exemptions in the future, whereas foreign projects will face a 30% tax rate.
Additionally, Senator Cynthia Lummis, a Republican and Bitcoin advocate from Wyoming, has been appointed as the first chair of the Senate’s new Digital Assets Committee. Operating under the Senate Banking Committee, this new body aims to pass bipartisan legislation supporting the crypto industry and protecting investors.
Lummis announced that the committee will focus on three key areas:
1. Market Structure: Establishing a framework to improve the digital asset market structure.
2. Stablecoins: Regulating and supervising stablecoins as a crucial part of the crypto ecosystem.
3. Strategic Bitcoin Reserves: Strengthening the U.S. dollar by creating strategic Bitcoin reserves.
In a statement, Lummis said: “Digital assets are the future, and if the United States wants to maintain its position as a global leader in financial innovation, Congress must urgently pass comprehensive bipartisan laws to regulate this space and strengthen the U.S. dollar by creating strategic Bitcoin reserves.”
The committee will also oversee federal regulators to ensure compliance with laws and to prevent unjustified denial of banking services to legitimate participants.
Multiple Time Frame Analysis
EURUSD breakout and continuation of bullshere's my simple analysis of Euro against US Dollars, as we can see the price is currently in an uptrend meaning we should look for buying opportunities, and one presented it self. We can see a breakout and retest of the previous higher high meaning there's a high chance the market will continue going up
If H1 shows us a bullish candlestick confirmation then it's best to enter then and there before the price shoots up high🚀
Hedera (HBAR) Life Cross, not what you thinkA Life Cross has printed on the above 6 day chart after an explosive 700% rally.
A Life cross is often seen as a positive development for fans of moving averages. However a word of caution is advised, moving averages do not inform about the future, they inform you only of what has been.
A number of reasons now exist to be bearish on HBAR, they include:
1) Past RSI support confirms resistance.
2) Price action is at monthly resistance. Look left.
3) Regular bearish divergence. Just as before look left, you think this time is different?
4) All tradingview.com ideas are long:
www.tradingview.com
This will be the only short idea you’ll be reading tonight. Remember the the 90% are here to lose money, are you?
Is it possible for price action to continue up after 700%? Sure.
Is it probable? No.
Ww
NAS100 - Is Nasdaq on track to record a new ATH?!The index is trading below the EMA200 and EMA50 on the 4-hour timeframe and is trading in its descending channel. If the index corrects towards the supply zone, we can look for further short positions on Nasdaq with a risk-to-reward ratio. Nasdaq’s position in the demand zone will provide us with short-term buying conditions.
President Trump announced that the U.S. government plans to invest $500 billion in artificial intelligence infrastructure. This project, carried out in collaboration with companies such as OpenAI, Oracle, and SoftBank, aims to create 100,000 jobs.Trump also pledged to support the project through emergency declarations.
OpenAI, along with SoftBank, Oracle, NVIDIA, and ARM, announced the start of their collaboration in technology development. This partnership includes Microsoft’s commitment to Azure, with plans extending until 2030.
Microsoft confirmed that it will maintain its strategic partnership with OpenAI and participate in the Stargate project. This collaboration includes new agreements granting Microsoft priority rights to utilize the new capacity. Additionally, Microsoft will leverage OpenAI’s intellectual property (IP) in its products, such as Copilot.
This week’s economic calendar is dominated by major events related to central banks. The U.S. Federal Reserve and the Bank of Canada will announce their interest rate decisions on Wednesday, while the European Central Bank will follow on Thursday.
Additionally, several significant economic reports are expected. On Monday, data on new home sales for December will be released. On Tuesday, reports on durable goods and the Consumer Confidence Index will be published. On Thursday, the U.S. GDP for Q4, weekly jobless claims, and pending home sales data will be announced. Finally, on Friday, the PCE index (the Fed’s preferred measure of inflation), along with personal income and spending reports, will be released.
It is projected that the U.S. economy will grow at an annualized rate of 2.6% this quarter, compared to 3.1% in the previous quarter. If the data surpass expectations, the likelihood of the Fed adopting expansionary policies may decrease. Similarly, inflation data from the PCE index and consumer income and spending reports on Friday will play a crucial role in shaping expectations for rate cuts.
Unlike the European Central Bank and the Bank of Canada, the Federal Reserve is expected not to reduce interest rates. The robust U.S. economy and inflationary pressures have left the Fed with limited room to lower borrowing costs. This situation existed even before Trump’s administration and the Republican-led Congress implemented tax cuts and tariff hikes.
Federal Reserve Chairman Jerome Powell has stated that the Fed has no predetermined path and may raise interest rates if new government policies lead to higher inflation. However, inflationary pressures have recently eased and could continue to decline in early 2025. Christopher Waller, a prominent Fed official, recently hinted at a possible rate cut in the first half of the year, but market reactions to his comments were muted, with only minor dollar weakening following news of Trump’s tariffs.
Several major companies are set to release their quarterly financial updates this week. Among them are some members of the Magnificent 7, as well as leading firms in technology, energy, finance, and manufacturing. Microsoft, Meta, and Tesla are scheduled to report on Wednesday, while Apple will release its financial information on Thursday.
Tesla’s report comes as Elon Musk, its CEO, has taken on a role in President Trump’s administration. The company’s recent vehicle delivery data fell short of analysts’ expectations.
Microsoft’s planned report follows last week’s announcement of a $500 billion AI initiative, which includes Microsoft-backed OpenAI. Meta’s report comes as the company raises its investment forecasts for emerging technologies such as AI. Meanwhile, Apple’s report is being released amid analysts’ downgraded ratings due to concerns about demand for its new iPhones.
Short idea
Sell-side trade
Tokyo to LND Session PM
Entry 681.07
Profit level 639.07 (6.!7%)
Stop level 690.79 (1.43%)
RR 4.32
Sun26th Jan 25 3.00 pm
Reason: The price level reached a pivotal supply level on the 1Hr TF, which seemed indicative of a Sellside trade as well as alignment with (discount) PD array for confluence
PALLADIUM - In a significant resistance levelOANDA:XPDUSD is approaching a significant resistance level that has previously seen bullish momentum. This area aligns with a notable supply zone and could present a potential selling opportunity.
If bearish signals, such as rejection wicks or bearish candlestick patterns, appear, the price may decline toward 993,000. Crossing above this resistance zone would diminish the bearish perspective and indicate bullish continuation.
Key Takeaway: Monitor price action closely at this level and prioritize strong risk management. What’s your perspective on this setup? Share your thoughts in the comments!
CAD/CHF - Long: Market Order.Afternoon traders.
Im going long in a trade... let me break this down for you.
HTF all show bullish momentum, for more of a breakdown of this I have published a story on this Pair previously in the week.
LTF- We have made a few bounces of this HTF Mitigation Block, on smaller time frames price has made a few pushes off this Mitigation Block and on this particular pullback we can notice an Elliot's Wave "ABC" Pattern forming showing us the end of the consolidation phase. Im looking for price to break this Resistance zone as well as breaking this Liquidity Trend. Im targeting higher TF liquidity and I have my Stop Loss below the Higher TF Mitigation Block
Good Luck to all the Traders that decide to follow
EURUSD 27 Jan 2025 W5- Intraday - EU Lagarde / US Home SalesThis is my Intraday analysis on EURUSD for 27 Jan 2025 W5 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Tariffs will remain a key driver of market volatility, heavily influenced by Trump's shifting tone. While the market initially welcomed a "risk-off" sentiment following his announcement of a modest 10% tariff on China—interpreted as avoiding a full-blown trade war—Trump has since shaken markets by imposing a 25% tariff on Colombia. There are also rumors circulating that similar measures could target Canada and Mexico as early as Saturday, February 1.
Tariffs are likely to be the primary market mover for the foreseeable future, so it's essential to stay vigilant and mindful of potential rumors. Trump’s unpredictability isn’t going anywhere 😁—adapt accordingly!
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹INT structure continuing bullish after the bullish BOS. We expect that at anytime the Swing Pullback will start.
🔹Currently price at a Daily Supply Zone that can initiate at least INT Structure Pullback and may extend to Swing Pullback to at least Swing EQ (50%)/Daily and Weekly Demand.
3️⃣
🔹Expectation is price to initiate a pullback for the Bullish INT structure and then continue bullish from demand to target the Daily INT High/Weekly Liquidity.
🔹With today market open, price created a Bearish CHoCH to initiate the INT Structure Pullback.
🔹More development required on LTFs/Intraday Analysis.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bearish
🔹Swing Pullback Phase
2️⃣
🔹After the Bullish iBOS we expect a Swing Pullback, INT structure turned bearish to facilitate the 15m Swing Pullback.
🔹With the bearish iBOS, a pullback is expected during the session today.
3️⃣
🔹Expectation is set to bearish to facilitate the Swing pullback to at least the Swing EQ/4H-Daily demand zone which is well positioned in Swing Discount.
I’m looking for:
🔹Shorts from the INT structure Supply Zone positioned within the 4H Supply Zone only if we didn’t mitigate the 4H Demand.
🔹Longs from the 15m Demand within the 4H Demand zone for the 15m Bullish Swing and 4H Bullish INT Structure continuation.
GBPCHF - 27 Jan 2025 SetupGBPCHF Market structure are making N pattern on the market structure with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
2025 Jan W5- Minor Retracement Idea [EU]Idea Qualifiers:
- Market is Extended
- Minor 4H High Hit
- 15m BoS with gap formed
Idea Invalidations:
- TP1 is hit before entry
Notes:
- The BoS is very tight compared to the general structure of the impulse.
- As this is related to a major OB, secondary swipe of liquidity is possible.
- Look for the market to swipe the highs and then drop, creating another BoS (look for the same retracement idea if this happens)
- A 1m refinement was used for the limit entry, experimenting to see how well I have a read on these.
#POI_MinorExternal #1mEntry #MajorOBBroken #GradeC
NKN Analysis: Breakout Brewing – Buy Zone IdentifiedA technical breakdown of NKN’s descending wedge pattern, buy-in levels, and key targets for traders.
COINBASE:NKNUSDC CRYPTO:NKNUSD
🔥 Key Takeaways from the Analysis:
Descending Wedge Breakout Setup: The chart shows a descending wedge pattern, a bullish indicator that often leads to upward price movement.
Accumulation Phase Identified: Prolonged sideways movement and volume patterns suggest significant accumulation, setting the stage for a potential breakout.
Double (or Similar) Bottom Confirmation: Key support levels around $0.076 have been tested and confirmed, solidifying the bottom.
Anticipated Pullback Zone: Expect a retracement to $0.79–$0.82 before the breakout. This zone offers a strong buying opportunity.
Breakout Target: Initial breakout target is $0.1075 (~20% gain). Further moves could extend higher if momentum sustains.
Volume & Bollinger Bands Analysis: A breakout will likely come with high volume. Watch for pullbacks to the Bollinger Bands' midline for re-entry opportunities.
Long-Term Perspective: Weekly chart suggests a larger trend reversal, signaling potential for sustained bullish movement.
📝 Video Summary:
Chart Overview:
NKN/USD daily chart shows a descending wedge pattern, often associated with bullish reversals.
Clear signs of accumulation over a prolonged range with high volatility.
Support Levels & Patterns:
Key support confirmed at $0.076 with consistent wicks rejecting that level.
Pattern resembles a double or "similar bottom," reinforcing the breakout potential.
Buy Zone & Strategy:
Anticipate a pullback to $0.79–$0.82.
Monitor behavior around this zone, including volume and Bollinger Band interaction, for entry.
Volume Insights:
High-volume spikes are expected at the breakout, but excessive volume may cause short-term pullbacks.
Use Bollinger Bands to gauge retracement levels before re-entering.
Breakout Targets:
Initial resistance at $0.1075 for a conservative 20% gain.
Potential for further gains depending on market momentum.
Weekly Chart Perspective:
Signals suggest a larger trend reversal with opportunities for significant upside.
Bollinger Band analysis highlights the importance of sideways consolidation before a major move.
Pro Tips:
Sell during high-volume spikes to avoid overextensions.
Watch mid-channel levels (Bollinger Bands) for support during retracements.
💡 Extra Notes for the Audience:
Patience Pays Off: Wait for the pullback to $0.79–$0.82 for an optimal entry.
Risk Management: Monitor $0.795 support. Closing below it could indicate a failure of the setup.
Be Ready for Profit-Taking: The $0.1075 target is a key resistance zone where traders might offload positions.
XAU/USD 27-31 January 2025 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024
Price Action Analysis:
Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high
Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 21 January 2025, however, CHoCH positioning has changed, bringing it closer to current price action.
Previous analysis has been met. Following price printing bearish CHoCH, price has printed a further bullish iBOS. This has significantly narrowed the internal range.
Price did not trade into either discount of 50% or H4 demand zone before targeting weak internal high, however, on this occasion I will remain systematic in my approach and revisit later.
Intraday Expectation:
Price to print bearish CHoCH to indicate, but not confirm bearish pullback phase initiation. Bearish CHoCH positioning is denoted with s blue dotted line.
It would be useful to remember that Daily TF swing and internal range are bullish.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:https://www.tradingview.com/x/tPRFgn8w/
Short trade
1Hr TF overview
Sellside trade
Sat 25th Jan 25
7.00 pm
NY to Tokyo Session PM
Entry 104746.6
Profit level 103083.0 (1.70%)
Stop level 105573.8 (0.79%)
RR 2.15
Reason: Sellside trade based on the narrative of supply and demand observed the 4Hr to 1Hr TF along with trendline liquidity for directional bias, target (0.618) Golden ration for a risk-reward of 2.1
BNT to $27 in 4000% moveOn the above 12 day chart price action has corrected 96% from $9 in early 2021. A number of reasons now exist for a bullish outlook. They include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance, look left.
3) That bull flag forecasts a 4000% move and more to $25 area.
Is it possible price action continues downtrend? Sure.
Is it probable? No.
Ww
Type: trade
Risk: you decide
Timeframe for long: remainder of this month
Return: Lambo
NIFTY getting weak..?As we can see despite hitting the untested demand zone, it failed to recover strongly and can be seen again trading at its lows and forming more like an inverted flag-pole pattern which is also a bearish continuation pattern hence we might see a sudden breakdown which can create a panic but may lead to a trap in bigger time frame so plan your trades accordingly and keep watching
TradeWithMky on POL chart🔥 MATIC Analysis 🔥
MATIC is holding strong at a key support zone, perfectly aligned with the 38-61% Fibonacci retracement. The reversal pinbar 🕯️ is flashing a potential bounce signal 📈. Eyes on the charts 👀—a move toward the resistance zone might be in the works! 🚀
Trader: TradeWithMky
Hashtag: #tradewithmky 💡
@TradeWithMky