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Key Levels for the Week 01.2025(06-12-∷ ∷BitCoin🔳Key Levels Overview for the Week🔲 01.2025(06-12-∷)🐍 Dynamic Resistance🔀 102400 Dynamic Supports🔀 101400 Mid Pivot (🐻bull&bear🐂 zone ch trend) 113287 105360* 97433 range of supply and demand 107832 102719 97607 Range Band 🐇 110559 104040 97520 Order of lines: 1. 🌸 Shocking Pink, 💜 Dark Orchid 2. 🟢 Green, 🔴 Red, 🟡 Yellow 3. ⬜ White 4. ❤️ Falu Red, 🌿 Crusoe, ⚫ Black 5. 🌷 Pale Pink, 🍏 Granny Apple, 🌫️ Storm Grey 6. 💙 Neon Blue
CRYPTO:BTCUSD
by spacecraft
BTC dominance reveals how to navigate crypto cyclesHello everyone, this one is for patient (long-term) traders/investors, not for those chasing daily gains or short term swings. We are looking at BTC dominance chart. BTC dominance is currently at 60%, which is pretty high. Everyone who follows cryptos for some time should know how crypto cycles work. BTC is king and always leads the way. BTC if the first one to start the bull run, altcoins follow. When BTC is near its peak, money transfers into ALTs --> start of ALTSEASON. The first peak of altcoin season was January 2018. BTC dominance was at 35%. After Jan 2018 we went into a bear market. BTC dropped in value, ALTCOINS dropped even more. Consequently, BTC dominance went up. BTC dominance reached top at 74% in Jan 2021. That is when ALTSEASON started. THIS DOES NOT MEAN THAT BTC REACHED TOP in Jan 2021. BTC rose from 40k to 70k between Jan 2021 and Nov 2021, but ALTs in this period made bigger gains. BTC dominance in this period plummeted from 74% to 40%, creating a base for future. From Jan 2023 BTC has been rising and increasing its dominance, currently sitting at 60%. I am positive it will not break high of Jan 2018. Next strong resistance is in the area of 64-67%, I expect dominance to reverse in this area. BTC has already made a new ATH, but total crypto market space is not at an ATH yet. So ALTs are lagging in comparison to previous cycle. I believe we are at the start of ALT season and I will be looking into ALTs for my last gains this cycle. Check my other posts to see which ALTS I am considering. I will also be posting some other ALTs in coming days/weeks, so subscribe to stay notified. Good luck to everyone.
CRYPTOCAP:BTC.D
by carefulCheese32259
GBPJPY is Holding above the Support , All Eyes on BuyingHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
Gold is in the Bearish Direction after Formation ManipulationHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
BTC - 1D Elliott Wave AnalysisGreetings, here is an update on my 1D Elliott Wave count for BTC. It seems as we have topped in blue Wave 3 at around 108k USD and are working on the correction towards the blue Wave 4 support in and ABC. The blue Wave 4 support lies between the 0.236 FIB at 90942 USD and the 0.618 FIB at 68476 USD. The red Wave B could be in but it seems we are still working on it. After we finish the blue Wave 4 we are going to look for a rally in blue Wave 5 which could be the bull market top. Targets for blue Wave 5 are the 1.236 FIB at 115949 USD, the 1.38 FIB at 128222 USD and the 1.618 FIB at 151421 USD. After we finished blue Wave 4 we can calculate further targets for the blue Wave 4. We also think that the 1.236 FIB at 115949 USD target would be rather shallow for a bull market top and it unlikely but not impossible. Thanks for reading. NO FINANCIAL ADVICE.
by KanashimiBro
NZDUSD - Weekly Forecast - Technical Analysis & Trading Ideas!💡 Midterm forecast (Daily Time-frame): The price is in a Down Trend, but Beginning of Up Trend is forecasted! 0.5799 is Major Resistance. Take Profits: 0.57500 0.57992 0.58630 0.59164 0.60369 0.61187 0.62591 0.63680 0.65327 0.67156 0.70330 0.72150 0.74650 💡 Short-term forecast (H4 Time-frame): Bullish Divergence Correction wave toward the Buy Zone Another Upward Impulse wave toward Higher TPs SL: Below 0.5587 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
20
XRP - 1D Elliott Wave AnalysisGreetings, this is my back-up count for XRP in case of a breakdown of the Elliott Wave Triangle which was discusses in the previous analysis. I'd highly recommend reading the primary analysis first which is linked below as a note! In case the Elliott Wave Triangle doesn't play out and we enter a deeper correction in which we'd assume that the green Wave 4 is an ABC or WXY instead. The Wave 4 support sits between the 0.236 FIB at 1.8021 USD and the 0.618 FIB at 0.8301 USD even tho we would prefer to not drop below the 0.5 FIB at 1.0547 USD. We assume that the red Wave A and B or W and X are already finished and we are working on red Wave C or Y. The targets for this red Wave C or Y are the 1 to 1 FIB at 1.7817 USD. the 1.236 FIB at 1.6113 USD, the 1.38 FIB at 1.5154 USD and the 1.618 FIB at 1.3693 USD. Noteworthy is that the 1 to 1 FIB target for the red C/Y Wave at 1.7817 USD sits close to the 0.236 FIB at 1.8021 USD of the green Wave 4 support area which could function as first support for a bounce which would either start the move up in green Wave 5 or start a new corrective move to extent the correction. Additionally the 1.618 FIB at 1.3693 USD which is the optimal target for the red Wave C/Y sits around the 0.382 FIB at 1.3400 USD of the green Wave 4 support area which is the optimal target for a correction in a Wave 4. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
Over Night Trade Idea For Londonwe Have a very strong clean break.. However When London opens there will be a volatility spike at between 3-3:30 so have our buy positioned at the strongest support point in the break and retest pattern The idea is for the price to tag us in at 3:00am and race to TP before 5am The problem with this trade is if the price changes character while I'm asleep then this buy becomes invalid.. In which case it will most likely lose.. however if the price maintains it's current behaviour we will see a nice win at 5am
Long
by Golden_Ratio_Trader
GBPJPY - Will the pound continue to grow?!The GBPJPY currency pair is above the EMA200 and EMA50 in the 4-hour timeframe and is moving in its upward channel. If we continue to move towards the supply zone, we can sell with an appropriate risk reward. The downward correction of this currency pair towards the demand zone will provide us with the next buying position. The mortgage approval statistics for the UK in November indicate that the number of approved mortgages has reached 65.7K, which is below the forecast of 68.7K and the previous figure of 68.3K. Additionally, net consumer credit dropped to £0.9 billion, falling short of the £1.2 billion estimate. Net mortgage lending also declined to £2.5 billion, below the forecast of £3.2 billion and the previous figure of £3.4 billion. The annual consumer credit rate also fell, reaching 6.6%. On Sunday, Elon Musk stated that Nigel Farage should step down from leading the UK’s right-wing Reform Party. Musk wrote on his social platform, X, “The Reform Party needs a new leader. Farage lacks the necessary ability.” This statement came despite Musk having appeared to support Farage previously, even taking a photo with him last month. Media outlets had speculated that Musk, a close ally of Donald Trump, the U.S.President-elect, might provide significant financial support to the Reform Party to challenge the UK’s Labour and Conservative parties. Mitsubishi UFJ Financial Group has expressed a bearish outlook on the British pound, pointing to potential rate cuts by the Bank of England as a key factor. The group stated that market pricing for the Bank of England’s rate reductions this year is overly conservative. They anticipate that the Bank of England will implement further cuts, which would likely weaken the pound against other currencies, particularly non-dollar ones. Additionally, with the U.S. dollar showing further signs of weakening, the pound is expected to remain under pressure. The financial group also highlighted rising energy prices as a vulnerability for the UK, particularly in light of Ukraine’s refusal to extend its natural gas transit agreement with Russia to Western Europe. The UK’s limited storage capacity exacerbates its susceptibility to market price fluctuations, increasing concerns about a rise in service costs this year. Higher energy prices are expected to negatively impact consumer spending, weaken business confidence, and drive up overall costs. Meanwhile, a recent private survey revealed that Japan’s service sector activity expanded for the second consecutive month in December, driven by strong demand and increased trade activity. According to the survey conducted by S&P Global Market Intelligence, the final services PMI rose from 50.5 in November to 50.9 in December. While this was lower than the preliminary estimate of 51.4, it remained above the 50.0 threshold for the second consecutive month, signaling economic expansion. The Bank of Japan Governor, Mr. Ueda, recently stated: • There is a possibility of raising interest rates if the economic recovery continues. • The timing of adjustments will depend on economic conditions and inflation trends. • He hopes for balanced growth in wages and prices. • Wage increases remain a critical factor. • The cycle of rising wages, economic recovery, and increased consumption gradually reinforced each other throughout the past year.
Short
by Ali_PSND
EURCHF Outlook Hello, If the 1M PP holds as support here, we can expect further upside. The current expectation is that this will happen. In the long term, the market sentiment still strongly favors a bearish continuation, while the short term leans more towards bullish momentum. It's important to remember that the price recently hit a one-year low at 0.92042. So, despite appearances, the bullish phase is underway now! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
WTI Poised for Upside: Key Levels to WatchHello, BLACKBULL:WTI is positioned for potential further upside! Sellers seem confident that the current move is the extent of it and expect a downturn from here. However, the short-term trend remains bullish, while the long-term outlook is neutral to slightly bearish. Market sentiment currently favors a continuation of the bullish trend. The 1M PP has acted as support, triggering the recent rally. For continued upside towards the 1Y PP, a move above 74.688 and a sustained break above it are needed to confirm further bullish momentum. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
BLACKBULL:WTI
by TradeWithTheTrend3344