BEARUSD trade ideas
Btcusd. Short to 92600- 93,000 area A retest of the key area of 97,700 area signalled a short. A further retest of the minor area of 97500 reconfirmed the short signal.
TP1: 93,000
TP2: 92600
BITCOIN/USD IDEAEverything is on the chart
Sell at 61.8%-70% Fibo then make a huge buy at Neckline around 57.2k
Goodluck
BITCOIN Will Go Up! Long!
Take a look at our analysis for BITCOIN.
Time Frame: 17h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 95,774.
The above observations make me that the market will inevitably achieve 103,155 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
BTC 2023 FractalBTC is following the fall breakout to spring peak fractal. Similar to the previous cycle (and 2023), I think we see a local top in the spring, a summer lull, then a blowoff top late summer to early fall. I think 200k plus is definitely on the table.
ATCryptoScan: BTCUSD upside target in mid-Dec, what's next?Previously marked that BTCUSD would make a Mid-Dec 2024 top, at about 107K.
Happened 17 Dec as previously marked!
DONE and checked sweetly.
This was folllowed by an a large bearish marubozu candlestick downwards which broke back into the decision box, indicating that it would go out the other side. And it did, just yesterday, but it rebounded within the day to end off back in the box with a dragonfly doj i like candlestick... this is a bullish indication.
Thing is, technicals are bearish, including the modified VolDiv (dotted line, lower panel) which shows some weakening; and includes a MACD crossdown.
Waiting to see if the supports are going to break.
Am expecting it to break down... Previously downside target 75,000
But tendency for over estimates for downside in a bull run, so the new moderated downside target is 88,000 at the end of 2024.
BTCUSD is looking for a nice bullishs start to 2025...
Watch for it.
BTC IS STILL CORRECTINGKey Observations:
Recent Price Action:
Bitcoin is trading at $95,563, finding support near the 50-day SMA, currently at $95,000.
The recent high of $108,400 marked the peak of the rally before the ongoing correction began.
The rejection from $99,860 and the lower high formation highlight weakening bullish momentum in the short term.
Support and Resistance Levels:
Support:
Immediate support lies at the 50-day SMA ($95,000), a critical level for maintaining short-term structure.
Stronger support lies around $89,000, which aligns with prior consolidation and psychological significance.
$73,835: A critical horizontal level that must hold to preserve the broader macro bullish trend.
Resistance:
$99,860: Former support now acting as a strong resistance level; Bitcoin needs to reclaim this level for a bullish continuation.
$108,400: Recent high and critical resistance to surpass for resuming the uptrend.
Volume:
Volume during the pullback remains relatively low compared to the rally, suggesting profit-taking rather than aggressive selling.
Any significant move needs a volume increase to confirm the trend direction.
RSI Analysis:
RSI is trending near 45, reflecting bearish momentum but not yet oversold.
No clear bullish divergence has emerged, which would indicate potential for an imminent reversal.
Interpretation:
Correction Underway:
The failure to hold above $99,860 and the rejection from $108,400 signal a short-term correction.
Price action hovering near the 50-day SMA at $95,000 suggests this is a critical support level to watch.
Potential Scenarios:
Bullish Case:
Bitcoin holds above $95,000 (50-day SMA) and consolidates, forming a higher low.
A successful reclaim of $99,860 would indicate a potential retest of $108,400.
Bearish Case:
A break below $95,000 could accelerate the correction toward $89,000 or deeper, testing $73,835 as the next major support.
Bitcoin is undergoing a healthy correction after peaking at $108,400, with support currently holding at $95,000 (50-day SMA). The break below $99,860 confirmed short-term bearish momentum, and a further drop to $89,000 is possible if $95,000 fails. The broader bullish trend remains intact, but Bitcoin needs to reclaim $99,860 to confirm a reversal and retest the highs. Monitor the 50-day SMA, volume, and RSI for indications of the next move.
Daily Analysis of Bitcoin - Issue 238The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Daily Analysis of Bitcoin – Issue 237The analyst believes that the price of { BTCUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
BTC BullishTechnicals are ligning up for BTC to go up and make a new all time high. I expect more accumulation if there's a new retracement.
BTC Analysis: Short-Term Action, Long-Term VisionBITSTAMP:BTCUSD Bitcoin is currently consolidating near $94,000, with strong support around $92,000 and resistance at $96,000-$98,000.
🔥 FinCaesar’s Strategy:
Short-Term: Buy near $92,000 and take profits at $96,000-$98,000.
Long-Term Forecast: If $98,000 resistance is broken, expect a rally to $110,000, fueled by renewed bullish momentum and institutional interest.
Prediction: A decisive break above $98,000 will confirm the continuation of the bullish trend, aiming for $110,000-$120,000 in the coming months. Stay vigilant—this move will separate leaders from followers.
"Victory favors the prepared. Will you rise, or will you watch?" — FinCaesar
Bitcoin Mid TermFirst Impression:
The BTC/USD pair appears to have dropped below the $95,000 level and is under selling pressure. Strong support levels are evident in lower regions. The price is retracing toward levels that previously acted as support during bullish moves.
Volume Analysis:
No notable increase in volume is observed on the chart. This could indicate that the current downward move is a low-volume correction or that the market is indecisive. However, if volume increases, the likelihood of the downtrend continuing may rise.
Price Action:
The price is trading around $94,000, showing downward movement. Below, key support levels are visible near $90,700, $88,000, and $85,000. These levels have historically been areas where strong buyers stepped in, making them potential zones for price reactions.
Positive Scenario:
If the price holds at $94,000 and starts a recovery move, it could climb back above $95,000. In this case, $97,500 would be the first target. Sustained movement above this level could push the price back toward the psychological resistance at $100,000.
Negative Scenario:
If the price drops below $94,000, a decline toward $90,700 becomes more likely. A break below this support level could lead to further declines to $88,000 and then $85,000. This scenario would indicate continued selling pressure.
High Probability:
Given current market conditions, it is highly probable that the price consolidates between $90,700 and $94,000 for some time. The balance of buyers and sellers in this zone will determine the direction of the next trend.
Overall:
The BTC/USD pair is trading near a critical support zone. The $94,000 level should be closely monitored; a drop below this level could drive the price toward lower supports. For upward recoveries, $95,000 and $97,500 are the first resistance levels to watch. Strategies should be adjusted based on volume and price action.
US Government Shutdown Averted: A Comprehensive Overview.US Government Shutdown Averted: A Comprehensive Overview
Background
The US government narrowly avoided a shutdown after a last-minute spending deal was passed just hours before the deadline. This agreement came after intense negotiations and a brief period of uncertainty that had federal employees and the public on edge.
Key Events Leading to the Near Shutdown
Initial Spending Deal: House Speaker Mike Johnson negotiated a bipartisan spending deal that included disaster relief funding and other provisions. However, this deal faced opposition from President-elect Donald Trump and tech billionaire Elon Musk.
Trump's Opposition: Trump demanded that the deal include provisions to raise the debt ceiling, leading to the collapse of the initial agreement.
Revised Deal: After intense negotiations, a revised spending bill was passed with bipartisan support, excluding the debt ceiling provisions. This bill funds the government through March 2025.
Impact of the Near Shutdown
Federal Employees: Thousands of federal employees faced uncertainty about their pay. Essential services were maintained, but non-essential functions were at risk of being halted.
Economic Effects: Analysts projected that a prolonged shutdown could reduce GDP growth by 0.15 percentage points for each week of closure. However, the impact is expected to be temporary, with a potential boost in GDP growth once the government reopens.
Market Reactions: The stock market experienced volatility during the near shutdown period, with investors closely monitoring developments in Washington. The resolution of the shutdown provided some relief to market participants.
Future Outlook
Debt Ceiling Debate: The issue of raising the debt ceiling remains unresolved and is expected to be a major point of contention in early 2025. Lawmakers will need to address this issue to avoid another potential shutdown.
Political Dynamics: The near shutdown highlighted the divisions within the Republican Party and the influence of key figures like Trump and Musk. The upcoming administration will need to navigate these dynamics to ensure smooth governance.
Economic Policies: The Federal Reserve's upcoming rate decision and other economic policies will be closely watched by traders and investors. The government's fiscal health and spending priorities will play a crucial role in shaping market sentiment.
Latest Trading News for Traders
Stocks
Tesco's Share Price
Current Price: £3.73
Analysis: Tesco's share price is trading around an 11-year high, but some analysts believe it is still undervalued by 41%. However, rising National Insurance contributions and potential cost of living increases pose risks to its earnings.
Support Levels: £3.50, £3.20
Resistance Levels: £4.00, £4.50
Los Dos Amigos Closure
The popular Mexican restaurant in Portsmouth announced its last day of trading due to a "broken business model" in today's climate. This highlights the ongoing challenges small businesses face in the current economic environment.
Forex
FXiBot Launch
Avenix Fzco has launched FXiBot, a forex robot designed to enhance trading strategies through advanced data processing and systematic trading protocols. This innovation reflects the growing trend of automation in forex trading.
Currency Movements
USD/JPY: The USD/JPY has been on a six-day rally.
Support Levels: 1.25, 1.23
Resistance Levels: 1.30, 1.32
EUR/USD: The EUR/USD has slid after the European Central Bank's rate cut.
Support Levels: 1.05, 1.03
Resistance Levels: 1.10, 1.12
Cryptocurrencies
Bitcoin (BTC)
Current Price: $106,000
Analysis: Bitcoin has hit a new record high ahead of an expected Federal Reserve rate cut.
Support Levels: $100,000, $95,000
Resistance Levels: $110,000, $115,000
Ethereum (ETH)
Current Price: $3,900
Analysis: Ethereum prices have remained steady amid a broad crypto market pullback.
Support Levels: $3,800, $3,600
Resistance Levels: $4,100, $4,300
Commodities
Gold (XAU/USD)
Current Price: $1,800
Analysis: Gold prices have been muted as traders brace for the Federal Reserve's rate decision.
Support Levels: $1,750, $1,720
Resistance Levels: $1,850, $1,900
Oil Prices
Oil prices have been volatile due to geopolitical tensions and supply chain disruptions.
Support Levels: $70, $65
Resistance Levels: $75, $80
Indices
Nasdaq Futures
Current Price: 15,000
Analysis: Nasdaq futures have been flat after the tech-heavy index lost sight of record highs.
Support Levels: 14,800, 14,500
Resistance Levels: 15,200, 15,500
Dow Jones
Current Price: 34,000
Analysis: The Dow Jones Industrial Average has seen mixed performance, with some sectors outperforming while others lag behind.
Support Levels: 33,800, 33,500
Resistance Levels: 34,200, 34,500
Upcoming Economic Events
US Inflation Data: The US Personal Consumption Expenditures (PCE) price index is expected to be released on Friday, December 20th. This data is closely watched by traders as it influences the Federal Reserve's monetary policy decisions.
Central Bank Rate Decisions: The Federal Reserve is scheduled to announce its rate decision on Wednesday, December 18th. The Bank of Japan and the Bank of England will also announce their decisions on Thursday, December 19th1.
UK Inflation Data: The UK Consumer Price Index (CPI) is expected to be released on Wednesday, December 18th. This data can impact the GBP/USD exchange rate and other related assets..
BTC Buy on the 1hour timeframeWe're at the entry of the 1 hour buy signal looking to take TP1 , TP2, TP 3, or even all time highs of TP4 at $111, 000.
Xmas Rally continues?
Astrological tradingIf you heard the words "santa's rally" and "this is like 2016", you now know why.
We will look at Saturn and Jupiter hours: 6,7,18,19 UTC. Mars hours: 8,20. It's literally that easy. I feel like doing t.a. tomorrow will be irrelevant to be honest. I expect extreme volatility so you might want to check the weather forecast section for the exact intraday cycles of price, along with the time pivots provided above.
BTCUSD market target 95000entry point 96300 stop loss 97100Here's a summary of your trade plan for BTC/USD:
Trade Plan
1. _Target_: $95,000
2. _Entry Point_: $96,300
3. _Stop Loss_: $97,100
Your plan indicates a bearish outlook, expecting the Bitcoin price to drop from the entry point to the target.
Key Considerations
1. _Risk Management_: Ensure you're managing risk with proper position sizing.
2. _Market Conditions_: Monitor market conditions, including economic indicators, regulatory updates, and technical analysis.
3. _Trade Adjustment_: Be prepared to adjust your trade plan if market conditions change.
Would you like me to provide current BTC/USD market data, analysis, or insights?
Simple plan for the next 1-3 weeks Down to VAL = everyone bearish then a Rise to Vah + GP = 120k on a table lets gooo = drop to 85-80k region
BTCUSD bullish in consolidation zone
Overall bullish trend
Waiting for breakout in the consolidation zone
Targeting 102.000-103.600
Bitcoin Bearish Divergence. Looks like a Lower High being set
Bitcoin is exhibiting a bearish divergence, with a lower high appearing to be established on the 4hr. The target remains at 73-76k if it falls below the 90k region.
$Bitcoin other insightThe more I look at the charts the more positive I start to become. On the RSI index I see changes in effect on almost all charts in the higher time zones. Bottom hit and trend crosses.
Have we now hit the bottom with MARKETSCOM:BITCOIN ? and completed a first wave, as it were?
I live in the Netherlands and in the past 2 weeks we have only had rain and gray weather. I now look outside and see a clear blue sky with the sun in my face. Could this be a sign?
Be kind to the world and each other!
Bitcoin Fed Can’t Hold Bitcoin, No Plans Yet To Change Law, Powell Says
Jerome Powell says the Fed isn't allowed to own Bitcoin.
He also says the bank cannot create a stockpile of digital assets.
The market immediately reacted to Powell's statement, sending Bitcoin's price down by 5.7%.Bitcoin Decline Continues: Are Bulls Losing Control?
Bitcoin price extended losses and traded below the $100,000 zone.
BTC is struggling and might continue to move down toward the $92,000 support zone.
Bitcoin started a fresh decline from the $102,000 resistance zone.
There is a key bearish trend line forming with resistance at $98,500.
Glassnode's Week on Chain report revealed the similarities between the current Bitcoin uptrend and previous cycles amid changing market conditions. Meanwhile, long-term investors began distributing their tokens at the $100K level, culminating in a new all-time high of $2.1 billion in realized profitsAccording to blockchain analytics firm Glassnode's weekly report, Bitcoin's current price performance has a striking resemblance with the 2015-2018 and 2018-2021 cycles despite the changing dynamics in its market structure.
Like previous cycles, the selling pressure that accompanies sustained price increases has remained but at a much lower pace. The deepest drawdown in this cycle occurred on August 5, 2024, when prices dropped 32% below their peak
BTC/USDHello
BTC Made The Head and Shoulder Pattern.I am Waiting the Price Action to Open the Long Position.I Think it Coulde Move up 5% ..But Price action is very Important to me.I am checking in 15 min Time frame.
