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The End of a Bear Market : Structural Breaks 📉📈🐻 Bear Market Recap: A bear market is marked by a prolonged period of declining prices and pessimistic sentiment. It can be challenging for investors, but it also sets the stage for a potential turnaround. 📉 Structural Breaks: One of the key signs that a bear market might be ending is the emergence of structural breaks on the price chart. These breaks could include a series of higher highs and higher lows, indicating a shift in market sentiment. 🚀 The Bullish Catalyst: Structural breaks are often accompanied by increased buying interest, a resurgence of optimism, and a more positive outlook for the asset in question. 🔍 The Importance of Retesting: After witnessing structural breaks, it's common to see a retest of old highs or key resistance levels. This retest serves as a critical validation of the new bullish sentiment. If the asset successfully retests and holds above these levels, it could be a sign that a new bull market is underway. 🔮 The Future Unfolds: While recognizing the signs of a potential market shift is valuable, always approach it with caution. Markets are complex, and not all structural breaks lead to sustained bull markets. In conclusion, identifying the end of a bear market and the start of a new bullish phase involves recognizing structural breaks on the chart and understanding the significance of retesting old highs. It's a critical juncture in market dynamics and can present exciting opportunities for investors. Stay vigilant, stay analytical, and remember – the transition from bear to bull is a moment of transformation and potential growth! 📊🚀 ❗See related ideas below❗ Follow + Like this post and share your insights in the comments; your engagement fuels the creation of valuable content! 💚💚💚
INDEX:BTCUSDLong
by Yaroslav_Krasko
4
BITCOIN INTRADAY (1-HOUR TF) Update BTCHello guys. A small update - now we are trying to catch a small short, where we will look for a support level from the 34100 and 34420 marks to open a long position. Yesterday's review brought us another +3 take profit to our wallet. I will not describe much, everything is indicated on the graph. Position statistics: 25 profits 3 stop loss I can provide each position and confirmations. Since there are those who want to check the statistics, write to me in personal messages. We are looking at the level of 38850 - at the moment it is one of the key levels May the profit come with us.
Long
by CryptoJaegerB
2
Bitcoin - Intraday Trading (30-m TF) BTC Long to the neck area? Guys, I am writing right away, I try to write, report, and explain my actions as quickly as possible so that you understand what is at stake. If something is wrong, and you have your own opinion, be sure to write it, maybe I omitted something. people who trade with me for free, without VIP and without advertising, are satisfied with the work (you can check the reviews yourself) I am writing this because it is nice to know and see it. Why I decided to open a small long. 1) - The price made a breakout of the support level, and made a return beyond the 33000 level 2) The price is consolidating in a descending channel. 3) If we assume (theoretically) that we are now in wave 4, then it is likely that the price will return to the support channel line (all this is indicated on the chart) Likewise, if the price follows my review, and we see that the resistance level, as well as the zone of the "neck" line from the "head and shoulders" pattern there will be a hold then we will continue to work with the short position further. I tried to tell you everything as I see it here. I do not give any guarantees that this will work 100%, but I try to describe everything that I am doing myself as quickly and usefully as possible. All successful transactions and trading. In our statistics +20 profitable trades - 3 stop loss The result is still pleasing. If there is an error, write it in the comment.
by CryptoJaegerB
13
XRPUPUSDT - BITCOIN SCENARIO REPEATHello dear friends, as it was written in my previous trading idea - I expect a correction, and it happened just within the range that I indicated. Now look - I don't know, I'm not 100% sure about this - but it seems to me that Ripple is now repeating the same formations when Bitcoin was on a sharp drop from 34450, as I wrote in one of my trading ideas (I hope you know what I mean) We'll see .... I expect a double bottom, and the price will exit (in this case - up to $ 7.05-7.50 Impulse - correction - impulse.
X
by UnknownUnicorn13204076
BTC / USDT - 38,000? Is it real now or is it a big correction?Hello dear friends. Is it possible now to see the price of 38,000 per bitcoin on such a market, or still wait for a big correction? Write your opinion in the comments. I have NEW preliminary CME targets for January 2021 have appeared on the market. They look like this: 🤑 Upper limit 38200 - 34400 🤑 Lower limit 26400 - 22600 What does it mean? So this means that with a high degree of probability, by the end of the month, the price will be in one or another range that I gave. - We have very large sales (bright red rectangle) price values: 33750 - 34450 - We have a strong resistance line - level 34150 - We have an ascending triangle + channel in which the price is traded. - We have another meaning - namely, margin trading - bitcoin price movements of 2500 points. - We have a lot of unclosed GEPs (yes, I know that they do not always close) - but before that 92% - everything worked fine. - We have growth without correction - Candle analysis indicates a drop in forces ... and many other factors. How do you know which position to enter? Watch the level 34150 - if the price is above this level, a breakout on the impulse, trades above this range, (1-2-4 hours TF) is definitely a Long position. In the meantime, work from the short position, since, according to my observations, the price will pull to the lower values ​​of the CME. We'll see. Since I suffered a small minus today, I decided to take a break and see how the price would react (I have the most important short position - open from 34450) Therefore, I open another position from 33750 (the range I wrote about) Same as in the comments about the strong level 32500-32700 Everything works fine) The trading idea is below - you can see. Sale from 33750 Target: 33050 - 32580 - 31900 - 31500 Stop Loss 34190 A lot is solved by the yellow rectangle And I immediately warn you - if the price returns to the range of 33750-34000 - I will do the reverse position without hesitation Since there will be a double bottom pattern, and we are able to calculate the size of such patterns)
Short
by UnknownUnicorn13204076
12
ETH/USDT - Work in a triangle, strong level (magnet)Today, I will continue yesterday's analysis on the ETHER. As I wrote, we have a slice magnetic level, after which an impulse happened. The targets are set correctly, and at this time, as well as yesterday, I also expect a breakdown of this wedge (ascending) triangle, and the price hike to the values ​​that I indicated for you on the chart. I am not fixing profit yet, I will only move the stop loss to 725. Be attentive - as some indicators have not moved yet - and this may mean a false breakout, and a return in price. If you are not yet in position - wait for the price breakout behind this triangle, creep above it by 4h TF and volume - then long, definitely. If this does not happen, the price will go down to the magnetic level, and the price will be broken down until the $ 700 update for 1 ETH
by UnknownUnicorn13204076
5