Bitcoin: 2024-2025 Will Be Bullish!!!We are observing Bitcoin here on a much bigger time scale and also from different perspectives.
We all know about four corners of the market or Wall St. Cheat Sheet Psychology of a Market Cycle. But here we have combined all the knowledge, and we see a beautiful view.
As you are all aware, each halving has begun with a nice bullish market, followed by a bearish market cycle, a nice accumulation, expansion, and then another reaccumulation.
With that being said, we are still 4 months away (around 127 days) from the next halving, and recently we witnessed a nice expansion phase that resulted in a ROI of 175%. This is more than enough for the expansion, which means we are going to enter very soon into the reaccumulation phase.
But be careful; this time more people might get greedy and have a FOMO due to the huge exposure to crypto and bitcoin we have had for the last year.
Short-long
$SPX Today's closing price is importantHey traders! As shown on the chart, we are inside of my TS Contraction Pattern, we also have my elliott wave count.
If we close below 1st Validation level today, I'm going short.
Closing my short if we close above the invalidation level today or later on, so consider that as a stoploss
Short idea on $BTC In the local setup, I see a good opportunity for execution, with a risk/reward ratio of 1 to 5, which is very favorable. However, the risks here are quite high, so I will enter with a small portion. Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.
EURUSD 01/9/24Here we are at the beginning of September, continuing to follow and track the markets as we do with every Sunday markup that we release. This week, we observed a clear bearish movement. As we move into the new week, we have a scenario suggesting that more downside could occur, while also recognizing the liquidity sitting above the highs. It’s important to understand that the probability of a deeper pullback before any bullish continuation, or an overall shift into bearish order flow, is highly likely given the current market conditions. A deeper pullback would mean lower pricing before a new bullish run continues.
In terms of a potential switch to a bearish outlook overall, we’ll be looking for price to pull back and then move lower before continuing in a trending direction, which is technically the opposite of what we have observed currently. This week, you can see the key levels I’m monitoring: we have our larger time frame refined area of demand, and a high that was created within the 4-hour time frame. We’re currently waiting for the low to be established to give us the high and low for our range. However, I’m expecting the price to come lower and interact with the area of demand, or potentially change the overall trend and direction.
Trade safe. Stick to your risk and always follow your plan.
8.18.2024 Weekly Pre-Market Analysis S&PThis is my Weekly Pre-Market Analysis on the S&P>
Right now we are going to wait for market structure to form.
We saw lower highs and higher lows form on Friday after the last bullish move up. So we do not have a clear direction as to which way if may head.
We have a plan for a SHORT position as well as a plan for a LONG position.
We just need to watch the LOWS & HIGHS form on the 15 minute chart, before we even think of getting into a trade.
FAKE BULL SEASON is OVER!As can be seen, the rising trend that took us from the bottom to the new ATH has been broken and according to the Fib levels, it does not appear that the decline will stop before 56K.
My guess is that the decline will stop temporarily at the minimum angle trend level, that is, 50K, but I do not think we will see a new ATH this year.
My thoughts are giving me no peace with this ideaMy opinion is that the alt season will be very powerful like in 2017. But it will be so sudden. That no one will understand at first what happened. Why do I think so? I believe that Bitcoin will not grow any more. But in order for there to be fomo on the market, it is necessary to make people buy and buy again. It is necessary for big money. There are more details in my position, which I will attach below
NICE TRADE IDEAS INCOMING!!After a nice selloff and a tap of the demand zone, buyers are stepping in.
Two areas marked with the green circles where I'm interested in taking a short and a long if PA plays out nicely.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
Congrats!!! Gold Breakout played so well...Gold played out so good as we expected, gold broke the uptrend and started bearish rally and we are lucky that we caught the breakout, till now we have got 320 pips in few hours from a single trade, that was easy, and it also hit our 1st TP now you all who have followed this idea may close or hold the trade to the 2nd TP zone, and also set your trades to Breakeven for no risk at all, i have mentioned the 2nd TP zone which is quite wide so close when you feel like the profits you have earned is enough, and don't over trade...
Short on AudCadThe price has formed a lower low, and in the continuation of the downtrend, it is also forming lower highs. The point to note is that we have an engulfing pattern at the bottom, and now we have reached a fresh supply zone where a low-risk short position can be taken with a risk-to-reward ratio of 2.
Trade simple.
#BTC/USDT CHART ANALIYSIS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
The chart shows that Bitcoin is currently in a resistance zone marked by a horizontal band.
The red arrow suggests an anticipated downward movement.
Yellow line: This probably represents a short-term moving average.
Purple line: This probably represents the long-term moving average. The head and shoulders pattern generally signals a change in trend from bullish to bearish. If Bitcoin breaks below the neckline (the support line connecting the bottom of the shoulders), it could signal a significant price decline.
Pay attention to potential support levels where Bitcoin may find temporary stability. These are often previous resistance levels or moving averages.
Keep an eye out for wear below the neckline. If this happens, it could confirm the bearish trend.
Consider setting up a stop-loss order to protect against significant losses.
The chart shows that Bitcoin is at a turning point.
Feel free to reach out for further analysis or updates!
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
On the Fate of BitcoinIn the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
#BTC #Bitcoin #Short #Long #Setup 12+13 #Eddy #BTC #Bitcoin #Short #Long #Setup 12+13 #Eddy
It's you & New Setups 12 + 13 :-)
(( According to the investigations carried out in the supply range of the 4-hour time frame, and in the lower time frames we see divergence and compression and confirmations of the fall, if you are familiar with the liquidity structures, you will understand the reason for these shorts and longs again. I hope you will enjoy the settings and make the most of them and introduce my trading view page to your friends. ))
Related Relevant Analysis & setups of Bitcoin : (( BTC/USD )) : Check Link :
Is there an end to the bullrun? Or longterm bullmarket!Gold still pushing higher and higher. Is it posible were in a longterm bullrun? See update post montly timefram.
Priceaction wise gold is showing a rising wedge wich can indicate a correction or reversal. Selling the high resistance off this channel can be done but is trickie against the main bullish trend. A confirmed break below this support channel and below support level 2266 might drop gold even more. If the support channel keep respecting then you can enter longs.
Make sure you mange risk 100%. Especially with selling the bullmarket.
Support: 2287, 2277, 2266
Resistance: 2300(Psycological)