Technical Analysis
#Bitcoin at a Crossroads: Is a Reversal or Just the Beginning?BYBIT:BTCUSDT.P is once again in the spotlight! The market is at a crossroads, and Bitcoin is deciding its next move. Recent weeks have shown volatility: sharp swings, battles for key levels, and attempts to hold critical zones.
💡 Key Metrics:
✔ Current Price: $95,472
✔ ATH: $109,356
✔ RSI: 45 – no clear overbought or oversold signals yet
✔ POC (Point of Control): $95,732 – we are near a major liquidity zone
🔥 What’s happening with #BTC?
Bitcoin previously tested the $102,000 area, but sellers took control and pushed the price down. BYBIT:BTCUSDT.P is now trading at a strong support level with high liquidity, making this zone crucial for future movements.
If BYBIT:BTCUSDT.P holds above $95,700, we could see a retest of $102,500 and higher. However, a breakdown below this level could lead to a move toward $92,000 or lower.
📉 Current Situation:
➡️ BYBIT:BTCUSDT.P continues testing the key $95,732 level, which serves as the POC (Point of Control) – the area with the highest liquidity and the most concentrated orders.
➡️ The price is consolidating at the lower boundary of the strong support zone $92,700 - $95,700. This level has held multiple times, but bearish pressure is increasing.
➡️ Resistance at $102,500 - $104,000 remains a crucial barrier for recovery.
⚡ Possible Scenarios:
📉 Bearish Scenario (Breakdown Below):
🔴 If BYBIT:BTCUSDT.P breaks and holds below $92,700, further downside movement is likely:
✅ Target 1: $88,000 – a previous area of strong buyer interest.
✅ Target 2: $84,500 – a critical support zone where a strong bounce may occur.
✅ If selling pressure continues, the next major support lies around $80,000.
📈 Bullish Scenario (Reversal Upwards):
🟢 If BYBIT:BTCUSDT.P holds above $95,700 and breaks $100,000, a strong upward impulse may follow:
✅ Target 1: $104,000 – the nearest key resistance.
✅ Target 2: $110,000 - $112,000 – an area where new local highs could be formed.
✅ A breakout above $115,000 would open the way for testing $120,000.
📌 Bitcoin is currently in a high-risk zone, where any move could trigger a strong breakout.
📌 For traders: Be cautious with short positions, as the $92,700 - $95,700 zone could induce a bounce.
📌 For long-term investors: Watch the price reaction at $92,700 – if this level holds, it may be a strong accumulation point.
📌 Risk Factor: If BYBIT:BTCUSDT.P breaks and consolidates below $92,700, bearish momentum could intensify, leading to further declines towards $88,000 and below.
🚀 # BYBIT:BTCUSDT.P is at a crossroads – be ready for a big move!
#BILLYUSDT remains in a downtrend signal📉 SHORT BYBIT:BILLYUSDT.P from $0.0036300
🛡 Stop Loss: $0.0036860
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BILLYUSDT.P continues its downward trend, testing the $0.0036300 level as a potential short entry point.
➡️ POC (Point of Control) at $0.0040257 indicates the highest liquidity zone, located significantly above the current price, confirming seller dominance.
➡️ The price failed to hold above $0.0038700, reinforcing the bearish scenario.
➡️ If the price breaks below $0.0036300, a further decline towards the target levels is likely.
⚡ Plan:
➡️ Enter short below $0.0036300, confirming further downside movement.
➡️ Risk management via Stop-Loss at $0.0036860, placed above the nearest resistance.
➡️ Primary downside targets:
🎯 TP Targets:
💎 TP1: $0.0034890
🔥 TP2: $0.0033642
🚀 BYBIT:BILLYUSDT.P remains in a downtrend — expecting further decline!
📢 BYBIT:BILLYUSDT.P is under strong selling pressure with no signs of buyer recovery.
📢 If $0.0036300 breaks with increasing volume, a move towards $0.0034890 – $0.0033642 becomes more likely.
📢 However, if the price rebounds above $0.0036860, the scenario may change.
TradeCityPro | ONDOUSDT Good Opportunity to Buy👋 Welcome to TradeCityPro Channel!
Let's go together to analyze and review one of my favorite projects that I plan to put in my spot portfolio and find its entry points together
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
In the weekly timeframe, it is one of the coins that has still managed to hold itself bullish and in the declines, its recent corrections have not yet fallen below the support of 1.2110, which is a good sign.
Also, it has corrected only two weeks after its listing and after the breakdown of the listed price, it has experienced a good move and Sharpe, which is also a good sign for this coin and this event has also caused a trend to form on this coin.
This upward trend, which we recently reacted to again, can help us a lot in the future, both in terms of reaction to it and in case of a breakdown of the trend line itself and any of the triggers on the chart can be a timely exit trigger for us in relation to the time of the breakdown.
To re-enter, we ourselves entered with a breakdown of 0.8456 and bought. For now, we continue to hold it. Our more reliable trigger is the breakdown of 2.0675. There is a risk trigger, let's also set a stop-buy with our previous weekly candle shadow and make our purchase with a stop loss of 0.8456
📅 Daily Timeframe
In the daily time frame, we are really in a better situation than the rest of the altcoins and we are fluctuating at a higher bottom than the rest of them, which still encourages me to be more bullish
The candle a few days ago that caused a drop in all altcoins led to a green candle and strong buyers' pressure in this coin, and it did not care about the corrections of a few days and it is in its range box
I myself will enter after the 1.6110 break and it is likely that the 2.0833 break will be sharp, so I will try to have a long futures position trigger or buy with this level, and with the ath trigger failure, I will simply raise my entry point and do nothing below 0.5683 for now I don't give
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
EURUSD - H4, H1 forecasts, Technical Analysis & Trading IdeasIntraday forecast
The downtrend is broken, and the price is in an impulse wave.
Forecast:
1- Correction wave toward the Buy Zone
2- Another Upward Impulse wave toward Higher TPs
SL: Below 1.0331
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SYN ANALYSIS📊 #SYN Analysis : Update
✅ Here we can see the price is around its major support zone. Falling wedge pattern is forming and 2 times bullish move from the same support point. We would see a good breakout soon and achieve our targets
👀Current Price: $0.4542
🚀 Target Price: $0.9700
⚡️What to do ?
👀Keep an eye on #SYN price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#SYN #Cryptocurrency #TechnicalAnalysis #DYOR
NZDUSD: High CPI and Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.56400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.56400 support and resistance area.
Trade safe, Joe.
AUDJPY Is Recovering After The Wedge PatternAUDJPY pair is sharply and impulsively recovering after we spotted the wedge pattern, so it’s now rising in minimum three waves A/1-B/2-C/3 that can retrace the price back to the starting point of the wedge pattern and back to 99-100 area, especially if we consider an unfilled GAP at 98.35 level. Currently we can see it making a five-wave impulse into wave A/1, so after corrective pullback in wave B/2, be aware of a bigger rally within wave C or maybe even wave 3 if goes decisively above 100 area.
The ending diagonal (wedge) pattern is a special type of wave that occurs in wave 5 of an impulse or wave C of a correction. An ending diagonal pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave. Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlap in price, while wave 3 can not be the shortest amongst waves 1, 3 and 5.
The reason why they are so interesting is because they are indicating a reversal, usually a strong one, which can retrace the price back to the starting point of the pattern.
EURUSD - Analysis and Potential Setups (Intraday- 12.02.25)Overall Trend & Context:
The pair is in an overall downtrend on the higher time frames and we are now waiting for the lower time frames to shift in accordance with the narrative.
Technical Findings:
Price is at a daily level of supply (as well as refined zones down to the 15m & 5m)
LTF oversold conditions.
We could still see further upward movement so will wait for either a break at 1.03650 or for our OANDA:GBPUSD trade to run into profits (or both).
Potential Scenarios:
For now I will only be considering shorts.
Risk accordingly and be safe for CPI today.
SBICARD – Descending Triangle Breakout 920 to 1100+ TargetSBICARD has been trading within a descending triangle pattern for an extended period, with lower highs and a strong horizontal support. This pattern is typically bearish but can lead to bullish breakouts when resistance is breached, as seen in this case.
Breakout Confirmation & Key Levels
Resistance Breakout:
The stock has successfully broken above the descending trendline resistance, indicating a potential trend reversal.
Buying Zone:
Above ₹800 – A sustained move above this level confirms the breakout.
Stop-Loss Level:
Below ₹750 – Any close below this level could invalidate the bullish setup.
Target Levels:
Initial Target: ₹920+
Projected Target: ₹1100+ (based on pattern height projection)
EUR/USD Technical Analysis: Consolidation, Demand Zones✅ Daily Timeframe Insights:
The EUR/USD has been consolidating between the 25% and 75% levels of its range. A potential upside continuation is expected if the demand zone at the bottom of the range holds. We’re eyeing a breakout of key levels for a bullish push.
✅ Weekly Timeframe Overview:
The EUR/USD is poised to target the previous week's high, supported by a weekly structural shift. This aligns with a broader retracement from liquidity lows, indicating strong momentum for further upside in the short term.
✅ Key Levels to Watch:
Resistance at 1.04670 (December high) is critical for further bullish confirmation.
Immediate downside risk arises if the current demand zone fails to hold.
✅ Economic Impact:
Today’s inflation data release will likely drive significant volatility. Traders should prepare for rapid price action and adjust strategies accordingly.
⚙️ Technical Tools & Key Concepts Used:
Liquidity zones
Supply & demand analysis
Fibonacci retracements (0.5 and 0.618 levels)
Weekly and daily fractal structure shifts
🚀 Forecast Summary:
While the bullish trend remains intact, news events like inflation figures could create temporary volatility or even reversals. For now, EUR/USD’s demand zones remain in control, favoring upside continuation. A break below key levels would signal short-term bearish opportunities.
Tags:
#EURUSD #ForexTrading #TechnicalAnalysis #SupplyAndDemand #PriceAction #TradingStrategy
Eur/Joy sell setup UsdJpy gave confluence to this. I'll be looking to go short from 159.788 you can wait for H4 rejection of the zone before looking for sell opportunities or you go aggressive, it depends on the kinda trader you are.
Taking the 159.5 as Inducement my point of interest looks valid and I'll be anticipating what price would do at that level.
Kindly boost if you find this insightful 🫴
USD/JPY ---> Will the Bulls Recognize the False Breakout?Dear friends!
Overall, USD/JPY, after hitting support and forming a false breakout below the local trend channel's lower boundary, the currency pair has resumed its upward movement, supported by the strengthening dollar at this time.
Currently, the price has stabilized above the support level but remains below the 34 and 89 exponential moving averages (EMA). Fundamentally, the recent context has been unstable and depends more heavily on US economic data. People have long forgotten about interest rate growth in Japan and are focusing on economic data from the West.
On the chart, the uptrend remains the primary trend, so we maintain a buying preference. If the pair can consolidate above 152.00, then in the short and medium term, we should expect prices to reach the targets as indicated on the chart.
Best regards, Bentradegold!
[INTRADAY] #BANKNIFTY PE & CE Levels(12/02/2025)Today will be slightly gap up opening expected in banknifty. Any bullish rally only expected if banknifty starts trading and sustain above 49550 level. Further downside expected below 49450 level this downside rally can be continue upto 49050 level in today's session. If banknifty banknifty starts trading below 48950 in today's session then possible strong downside rally of 400-500+ points upto 48550 level.
#NIFTY Intraday Support and Resistance Levels - 12/02/2025Today will be slightly gap up opening expected in nifty. After opening if it's sustain above 23050 level then expected reversal upto the 23250 level. 23250 level will act a strong resistance for today's session. Possible nifty will goes further downside from this level. Important support for today's session is 23000-23050 zone. Sharp downside expected below the 23000 level.
TradeCityPro | BTC.D The Best Way to Find Alt Season!👋 Welcome to TradeCityPro Channel!
Let's go together to one of my favorite charts, which is actually a topic that has made the crypto market easier, and if it weren't for these dominances, I would probably go to analyze Forex together.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
In the weekly time frame, Bitcoin dominance has had a very good upward trend and after the 39.40 to 47 percent box exit, this upward trend has begun, and I must also say that supply and demand There is no demand for this chart and many lines cannot be interpreted in it
After the resistance level of 54.20 was broken, we were bullish the entire time and this chart was practically telling us that it is better to go and pay attention to Bitcoin itself than to be involved in buying baskets and other things and Bitcoin itself is going to give more profit during this period
And another argument arises that if you pay attention, most altcoins are at their bottoms, while Bitcoin is completely above its ceiling of $69,000 compared to previous bull runs and only altcoins that were in a good position compared to Bitcoin were profitable, such as solbtc, and this shows that the time for strange profits for most altcoins has not yet come
When will this happen? When the market is bullish, Bitcoin dominance starts to fall and money flows from Bitcoin itself into other altcoins, and that is when altcoins are just starting to come alive and make a good move, like in 2021.
See the chart above, there is a chart that shows the fall of Bitcoin dominance in the weekly time frame, while the market has made a short correction and is going to record a new high again, and now the reaction of altcoins in this space is interesting.
Now we have the chart of this event. We see that during the fall of Bitcoin dominance, it was the time when the majority of the charts started to move, and altcoins experienced a Sharpe rise, and money flowed from Bitcoin into altcoins, and the btc altcoin pair became bullish, and this shows that we are witnessing alt season.
Now what happens? On the chart, I would say that we have entered the alt season? Weekly engulfing of Bitcoin dominance or a sharp decline and rest. On the other hand, I think we are at the end of the uptrend because there is really more money on altcoins and other events, and this money is staked, so we probably won't see any other numbers. On the other hand, when we reach 40%, we can say that our alt season is over!
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Nvidia - This Will Change Everything!Nvidia ( NASDAQ:NVDA ) is creating a massive breakdown:
Click chart above to see the detailed analysis👆🏻
For the past decade, Nvidia has been trading in a rising channel formation, perfectly following major rally and retracement cycles. But now we are starting to see some weakness on Nvidia and a break below the smaller timeframe support trendline will lead to a massive move lower.
Levels to watch: $110, $60
Keep your long term vision,
Philip (BasicTrading)
XLMUSD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
0.1625 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 0.3030 on 02/09/2025, so more gains to resistance(s) 0.3552, 0.3875, 0.4521 and more heights is expected.
Take Profits:
0.3552
0.3875
0.4521
0.4965
0.5602
0.6080
0.6905
0.7975
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Bitcoin’s Price Squeeze—What’s Next?Bitcoin (BTC) is currently consolidating within a marked accumulation zone after facing resistance near its all-time high (ATH). The price is fluctuating within a broad range of approximately $17,800, indicating a phase of indecision between buyers and sellers.
The key observation is that a previous resistance trendline has now flipped into support, showing a potential shift in market sentiment. Additionally, the 100-day EMA around $93,458 is providing dynamic support, reinforcing this bullish structure.
The key support zone (highlighted in green) remains critical; as long as BTC holds above this area, the bias leans bullish. A breakout above the accumulation range could trigger a strong upward move, potentially retesting the ATH. Conversely, if BTC loses the support of both the trendline and the 100 EMA, it may lead to a deeper correction toward lower support levels.
Are coffee futures starting to show some signs of correction?With coffee futures soaring this year due to supply issues, we are finally seeing some signs of a possible slowdown in the upwards movement. Is this just a temporary correction, before another possible leg of buying? What do you think?
MARKETSCOM:COFFEEC
74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
USD/JPY Bullish Outlook Can the Pair Hit 160.00? Key Levels USD/JPY is trading at approximately 152.50. Your target price of 160.00 suggests an anticipated upward movement of 750 pips. This projection aligns with a bullish outlook, potentially driven by support and resistance dynamics.
Recent technical analyses indicate that USD/JPY has tested the 152.55 resistance level and experienced a bearish pullback, maintaining a negative outlook in the near term. Analysts anticipate a retest of the 151.05 support level, with a potential decline toward 149.80 if this support is breached.
The pair is currently trading near its 200-day EMA, a critical indicator for trend direction. A decisive move above this level could signal a continuation of the upward trend toward your target. However, failure to break above may result in consolidation or a potential downturn.
Key support levels to monitor include 151.12 and 148.42, while resistance levels are identified at 152.77, 154.39, and 155.52. A sustained break above these resistance levels would bolster the bullish case toward the 160.00 target. Conversely, a decline below the support levels could invalidate the bullish scenario
In summary, while the USD/JPY pair exhibits potential for an upward move toward 160.00, traders should closely monitor key support and resistance levels, as well as the 200-day EMA, to confirm the bullish trend. Staying informed about fundamental factors influencing the USD/JPY pair will also be crucial in making informed trading decisions.