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BITCOIN → Consolidating before an important eventBINANCE:BTCUSD is consolidating between 99.5K and 91.8K as traders await action from politicians and Trump's inauguration as the main driver behind the rally. Fundamentally, things are still good. Trump promised a lot of positive actions towards bitcoin and the cryptocurrency market in general, but at the moment the main issue is the inclusion of bitcoin on the balance of the federal reserve. But everything depends more on the realization of the promises, if the community does not get what they were promised, a correction may be triggered. Technically bitcoin looks very strong. After a strong rally, there is no hint of a possible fall or deep correction, which means that someone is keeping the price in the specified range. Until important events, the price can still stand still, in the range between 100K and 90K. As for altcoins, they are getting a chance as bitcoin dominance continues to decline after the trendline break. A capital move could spark a rally in strong altcoins in the near term. Resistance levels: 99.5K, 102.5K, 103.5K Support levels: 95K, 91.7K Since the price is in neutral and trading between strong levels, I prioritize a false breakdown of resistance and correction inside the channel. Then further reaction may give hints. If there will be no fall and the price starts to consolidate in the resistance area, then we will have a chance to rise to 102-103K Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
22
Choppy Market: Patience and Key Levels to WatchThis chart highlights a low-probability trading environment with corrective structures and low volatility. Key focus areas: Upside Breakout: Watch for impulsive moves above the 30M trendline and 4H LQZ for short-term bullish setups. Downside Correction: A steeper drop into the 15M or 1H LQZ may provide higher-probability long opportunities. Stay Patient: Avoid trading inside the choppy range; wait for clear reactions at liquidity zones or strong breakouts with momentum.
OANDA:XAUUSDEducation
by Adlercon333
ASX futures tease bearish with a potential swing highSanta's rally put in a poor performance this year. ASX futures sold off into Christmas before the 200-day SMA and 8000 handle came before the market eked out a weak comeback into the new year. Yet price action on the daily chart suggests we could be approaching a swing high. It appears we're in a third wave higher from 8000, yet momentum lacks the legs of the initial bounce to suggest an ABC correction could be nearing an end. The 50-day SMA has so far capped today's rally and could leave a bearish pinbar should it close the day around current levels. A multi-week bearish divergence has formed on the RSI (14) and the daily RSI (2) is approaching overbought. The bias is to fade into moves towards the 50-day SMA and target the November low. But if appetite for risk truly sours, we could see prices break beneath the 200-day SMA and 8000 level and head for the lower trendline of the rising channel. MS
ASX24:AP1!Short
by CityIndex
USDJPY InsightHello, subscribers! It's great to see you all. Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe! Key Points: - The Washington Post reported, citing anonymous sources, that Trump’s aides are reviewing a universal tariff plan targeting imports critical to U.S. national and economic security. However, Trump denied the report on Truth Social, criticizing the Washington Post. - Lisa Cook, a Federal Reserve Governor, stated that since September, the U.S. labor market has shown some resilience, but inflation remains stickier than expected. She suggested it would be reasonable to lower interest rates more gradually this year. - The market has begun speculating that Trump might abandon the universal tariff policy in favor of selective tariffs once in office. Key Economic Events This Week: + January 7: Eurozone December Consumer Price Index, U.S. December ISM Non-Manufacturing PMI, U.S. November JOLTS Job Openings + January 8: U.S. December ADP Nonfarm Employment Change, FOMC Meeting Minutes + January 10: U.S. December Nonfarm Payrolls, Unemployment Rate USD/JPY Chart Analysis: The 158 level, which had been acting as a strong resistance zone, has recently been breached. This significantly increases the likelihood of further upward movement for USD/JPY. Based on the current chart, the pair is expected to form a peak in the 161-162 range. If there are no major variables, it is anticipated to retreat to around the 157 level after reaching the peak. If the trend unexpectedly reverses to the downside, we will quickly revise our strategy.
Long
by shawntime_academy
Bumble | BMBL | Long at $8.34Arguably, Bumble NASDAQ:BMBL , Match NASDAQ:MTCH , and Grindr NYSE:GRND have an enormous amount of *highly* valuable data on its past and current users. Like any industry, it often simply takes time for this recognition by market makers to occur before price aligns with the "true" future value. If you are an AGI company looking to enhance user companionship with machines and AI bots, these companies hold the keys. NASDAQ:BMBL has low debt, paying users are still growing (caution if recession begins), and revenue is rising. Personally, the value is in the company's data. From a technical analysis perspective, my historical simple moving average lines are working their way toward the price. Often, this means a rise in price as the lines flatten and then inevitably rise with the trend reversal. However, I would not be surprised if there were some shakeouts in the near-term if the price suddenly dropped near $5 post-earnings, etc. Regardless, it will personally likely be an opportunity to gather more shares. Thus, at $8.34, NASDAQ:BMBL is in a personal buy-zone. Target #1 = $12.00 Target #2 = $15.00 Target #3 = $22.00
NASDAQ:BMBLLong
by WorthlessViews
Explains how price interacts with Fibonacci areas and identifies—— We look from another strategic perspective at different aspects of (development) of technical analysis, and the practical search for progress; So what is useful!!! We may touch on the (Fibonacci) tool and its definition in drawing the price trend, where the price chose the boundaries of the Fibonacci areas, where the first test was in the (0.80) degree measurement and in a second process, from the (0.75) measurement, after which it broke through and began building the new trend, where the price can expect to rise to $2720 and touch the descending inclined line and the resistance line, From now on we are sure to learn about how to take the deal by following two possibilities, which is that the price can break the first inclined line, so we will wait and put more time, then we look for confirmation by the price passing to the second ascending inclined line, so at this stage it is considered that the price tested the ascending inclined line, several times, so we can say that we have achieved greater benefit in how to exploit the market and seize it
ICMARKETS:XAUUSDLong
by chihaaymen
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