BTC Bitcoin FVG with golden pocket longNice confluence on BTC Bitcoin FVG with golden pocket long to continue the uptrend from last week. Longby jayrome9774
BTC/USDT Technical Analysis Overview: BTC recently broke above a key resistance trendline after forming a higher low near the 52,000-53,000 USD range. It is currently trading at around 63,445 USD. The brown-shaded area on the chart highlights a zone between approximately 62,000 and 70,000 USD, which appears to be a significant resistance zone. The green trendline below seems to represent a long-term support level, from which BTC has rebounded multiple times. The yellow and purple moving averages on the chart suggest a short-term bullish momentum, with the shorter-term average trending upward and the price breaking above it. Downward Resistance Line: A previously descending resistance line was broken, indicating a potential bullish breakout. BTC appears to be entering a bullish continuation phase, attempting to push further into the resistance zone. If the price holds above the 62,000 USD level, it could target the upper end of the brown zone near 70,000 USD. Let me know if you'd like a more detailed technical analysis! Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.Longby CryptoSanders95632
24.09.1 whale indicator (2800 dollars!)Hello, I'm Whale_signal Did you have a good Chuseok holiday? First of all, BTCUSDT - 1H chart was volatile during Chuseok, but I think it was a place where big enough profits were possible Post updated BTCUSDT-4H chart We've crossed the purple whale index, and from below, we've got a $2800 rise Again today, the 4H - Purple Whale Index rose over $800 From now on, we hope to keep the purple whale index and continue the current rise, The whale surface section, which should be viewed as important in the short term, is marked with a white line The detailed resistance line is marked on the real-time sharing chart below, so please refer to it if you are curious (I hope you focus on today, especially as I think it's an important opportunity to earn more than $2,000.) The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$ ***whale surface intensity*** Purple>>>Orange>>>White (Purple indicators are the strongest)by Whale_signal18
The 100k prevision in January, 2025I was on spot in see the movement in 2023, see > Now I see a clear path to 100k in January 2025!!! I see 3 steps: # one testing the ATH at 73k, # small correction, # 80K ATH, # 100k in January 2025!Longby nosceet4
BTC/USDT Long Term In 1 YearBTC/USDT Long Term In 1 Year Long now and take profit at 85k Rebuy at 44k Good luckLongby Thanhdeptraiqbtt2
Took first profit at 64K BINANCE:BTCUSDT.P I took profit at 64K and reduced my position to half size.Longby TraderKempo2
BTC: NEXT POSSIBLE MOVE!!Hey everyone! Appreciate a like and follow if this analysis helps! Bitcoin has successfully broken out from a symmetrical triangle in the 4-hour timeframe. However, a retest of the broken resistance level is likely. Avoid impulsive buying (FOMO) and wait for a potential pullback. Anticipated Timeline: Sideways Movement: Expect Bitcoin to trade sideways for the next week or two. Retest: A retest of the broken resistance level (around $60k) is probable. Post-Retest Outlook: Bullish Momentum: A successful retest and subsequent close above the resistance could ignite a strong rally. Target: The next major target is $80k. What are your thoughts on BTC's current price action? Share your analysis in the comments!Longby CoreCrypto13
BTC Monthly Camarilla pivots. where next?Well BTC was a long on the L3 monthy... as it often is. now we are approaching H3 which often finds resistance. Possible we remain sideways and have some pullback from these areas. However if we do coninue to rally past monthly H4 in near term... I would watch out for much more upside. possible to even test monthly H4 at least if we close daily above H3by Gunslinger20053
BTCUSDT - In Bullish trendThis coin has been assessed on a 15m time frame and soon after bullish divergence an entry is decided as a pending order with TP3 as target. Longby MuhammadArif0394
Are we headed for the all time highs?The price action breakdown with high predictive probability are the best to trade. In this video I talk you through some of those set ups 📝Continuation plays Reaction demand on the way up Model 1 and 2 range deflection plays For each one of these plays I will be waiting for a change in market structure before entry. Watch the full video for a detailed analysis and stay ahead of the curve! 🔍📈 Make sure to follow for regular updates and insights! 🔔💡 Watch video IN CHANNEL for full breakdown ▶️ #500FOLLOWERS 🎉 #500GIVEAWAY 🎁24:54by Trade-Journal2
Deep Dive Into WhiteBIT: Leading Exchange ReviewWhen it comes to operating with crypto, choosing the right exchange can either make or break your trading experience. A good exchange isn't only about flashy interfaces or wide coin selections. First of all, it's about security, reliability, and fees that won't drain your wallet. With countless platforms competing for attention, understanding what sets one apart from the others is crucial for both newcomers and seasoned traders. In this review, we'll dive deep into WhiteBIT , one of the leading european crypto exchanges, exploring its standout features and assessing whether it deserves a spot in your crypto toolkit. TL;DR WhiteBIT is one of the largest European cryptocurrency exchanges. It is used by 4 million users daily, while its daily trading volume counts up to $2.5 billion. WhiteBIT is an official partner of FC Barcelona and Trabzonspor, as well as a donor for a range of charitable initiatives. WhiteBIT stands out for its top-notch security, advanced trading options, swift user interface, and low futures trading fees. By contrast, WhiteBIT lacks deposit options for certain fiat currencies. WhiteBIT is a home for many self-sustainable products – Whitechain network, WhiteBIT Coin , Whitepool , and more. All of them deliver benefits for the users. WhiteBIT: brief introduction WhiteBIT is one of the largest European centralized cryptocurrency exchanges (CEX). Established in 2018, it has quickly gained the bright spot in the sector, with 4 million daily users and daily volume of $2.5 billion as of today. It was founded in Kharkiv, Ukraine by company’s CEO Volodymyr Nosov. Apart from cryptocurrency exchange, WhiteBIT takes over a complex ecosystem of technical features and products. The centrepiece of it is WhiteBIT Coin (WBT) – a native token of WhiteBIT, owning of which open a wide range of advantages – from commission discounts to free security checks. Crucially, WhiteBIT is renowned for its charitable contributions. Case in point: purchase of the Eurovision microphone trophy at 2022 auction for $900,000. The funds eventually went to support the Armed Forces of Ukraine. Apart from this, WhiteBIT and Volodymyr Nosov took part in numerous voluntary initiatives. WhiteBIT is the official cryptocurrency partner of FC Barcelona , as well as Trabzonspor football club, Faceit , TradingView , and other global companies. It is worth noting that WhiteBIT stands out by its robust security measures, as verified by Hacken.io CER.live rating. WhiteBIT Pros - High-end Security First things first, WhiteBIT is massively renowned for its top-notch security level, distinguished by Hacken.io audits, CER.live rating, and cybersecurity experts. The exchange stores 96% of digital assets on cold wallets and uses Web Application Firewall (WAF) to detect and block hacker attacks. Letting alone the multi-signature access system as a second-layer precaution for cold wallets and an insurance fund to protect users’ funds. WhiteBIT’s robustness is primarily achieved by a complex exchange’s infrastructure that merges a wide array of user security features and sharp anti-money laundering (AML) compliance. For starters, WhiteBIT users are enabled with two-factor authentication (2FA) – a technology that protects the account from unauthorized access. In WhiteBIT, it can be activated via a comprehensive list of 2FA utilities to choose from – all to ensure user’s comprehensive control over the balance and information. Apart from a common 2FA, WhiteBIT provides customers with reliable anti-phishing measures. The exchange allows users to add their own anti-phishing code, which will be attached to any emails you receive from WhiteBIT, to distinguish the credible messages from a potential threat. What is more, users can manage the addresses for withdrawals on WhiteBIT. Simply put, the function allows to create a personalised whitelist of white addresses or, vice versa, flag the suspicious ones to restrict insecure transactions. To note ones, WhiteBIT customers may require an address check for criminal involvement for a fee of 1 USDT. For the holders of WhiteBIT Coin , the exchange offers free daily AML checks. As for the AML precautions, WhiteBIT assures its strict compliance with global anti-money laundering policies. This can be proven by numerous cases of WhiteBIT’s AML department taking security actions in favour of third-party companies. Namely, in October 2023, the company managed to track down and freeze over 445,000 XRP tokens, stolen from Coins.ph crypto exchange. Earlier that year, WhiteBIT’s AML department had spotted suspicious activity on the wallets of Chris Larsen , Ripple’s executive chairman and co-founder, informing XRP Ledger about the potential exploit. On top of all, you can trade on WhiteBIT only if you successfully pass Know-Your-Customer (KYC) verification. Otherwise, users are limited to demo-tokens, which offer a deep look into WhiteBIT’s functions. - User-friendly interface First look at WhiteBIT reveals its intuitive interface. Its clear layout and smart, logic framework, combined with swift functionality, makes it easy to understand for the newbies and comfortable to operate with for the pros. Crucially, the user interface allows users to navigate through the services directly from the headout, while clear layout and minimalistic visualization facilitates the process of choosing the function you need. The most popular ones are highlighted with specific buttons as a way of shortcut. What’s catchy, WhiteBIT’s UI does not overcomplicate the experience, but implies minimalistic framework to avoid ‘littering’ with piles of news, updates, and functions. Instead, the latter ones are distributed via the page clearly. Importantly, WhiteBIT developers seem to understand that its users are foremostly seeking service. Hence, the website does not jump right away into promoting benefits as a majority of the landing pages do, but puts utility in the forefront. Advanced trading terminal and leverage The benefits of WhiteBIT’s smart interface unfold at the trading features. First and foremost, the exchange allows you to convert the funds at one fell swoop, with no need to use a trading terminal. All a user has to do is to choose from a wide list of currencies and enter the needed amount. This function suits best for HODLers and users who are not participated in a regular trading. These very users can further send the funds via the easier way – through WB codes – without extra network fees. For more seasoned market surfers, WhiteBIT tried its best to smooth out this complicated endeavour. Its trading terminal offers wide customisation options – from choosing between light and dark themes to order books positions and performance limitations for less powerful software. What is more, it can boast of an editor mode, which allows users to move and replace the elements of terminal wherever they are comfortable with. The part and parcel of WhiteBIT trading terminal is a wide integration with TradingView interface, which offers a full array of tools and indicators, which defaultly require paid subscription, for free. Hence, users would not even need to switch platforms to carry out the trend analysis. Same features also apply both to margin and futures terminals. Consequently, WhiteBIT offers reasonable leverage rates for those trading options – 10x for margin and 100x for futures. The leverage can be easily changed in a separate menu, in which you’ll be kindly warned of the collateral risks. However, WhiteBIT is not limited to the basic trading options. The exchange offers Competition – exchange’s feature that allows users to participate in games against other traders and win cryptocurrencies. You’ll be matched with traders of similar expertise, and you’ll race against them to trade more assets, reach a certain earnings threshold, etc. Such gamification brings fresh excitement to the platform. Given a large number of the available assets and a wide array of trading opportunities, it could become difficult to carry out a thorough monitoring of the trading balance. Gladly, WhiteBIT solves this problem with its one-of-a-kind analytical dashboard . In it, users will receive a detailed outlook on profit and loss, equity trend, and portfolio performance in any chronological order possible. Supported currencies WhiteBIT offers over 270 cryptocurrencies for trading. Users can choose from over 520 trading pairs available – with the market cornerstones, such as Bitcoin or Ether, as well as with the prominent Web3 projects’ tokens, like Celestia (TIA) or Hedera (HBAR). Not to mention a wide range of stable coins i.e. USDT and USDC and fiat currencies – from euro and U.S. dollar to Turkish lira (TLY) and Polish zloty (PLN). What is more, WhiteBIT is keen on the constant updates. Namely, the exchange was one of the first ones to list Toncoin (TON) and DOGS (DOGS) – prominent Telegram-based tokens. Extensive Income Options Besides traditional crypto trading, WhiteBIT offers several other ways for people to access crypto funds. Namely, users can stake cryptocurrencies and earn rewards via various holding plans. The Crypto Lending (as it’s known for WhiteBIT users) offers an array of opportunities and rates not only with Bitcoin or Ether, but also with altcoins – Solana (SOL), Ripple (XRP), or even Dogecoin (DOGE). The exchange fosters the community as well. For active participants, WhiteBIT maintains a referral program , allowing for up to 50% returns from the exchange fees. For businesses and influencers, the exchange recently launched an affiliate program , which delivers higher return rates, support for creators, and advanced analytical dashboard. It is also essential to mention WhiteBIT Launchpad , which kickstarted many prominent projects while allowing users to invest in tokens way lower their actual price. Cons of WhiteBIT Geographic restrictions While WhiteBIT is widely-available globally, there are certain countries and territories, residents of which are restricted from using the exchange. Among ones are: USA Afghanistan Iran Belarus Russia Yemen Libya State of Palestine Puerto Rico Somalia North Korea Syria Canada United Kingdom Trinidad and Tobago Nicaragua Venezuela Myanmar Also, WhiteBIT is restricted in globally unrecognized or partially-recognized territories – Transnistria, temporarily occupied Georgian territories, the Turkish Republic of Nothern Cyprus, Western Sahara, the Federal Republic of Ambazonia, Kosovo, and temporarily occupied territories of Ukraine. While this list is way lesser compared to the countries where WhiteBIT is available, such restrictions still make sense, as they demonstrate company’s compliance with the standards of international law. Relative newness One potential drawback of WhiteBIT is its relative newness in the crypto market. Usually, the fresh platforms may come with certain risks. The lack of an established track record means there’s less historical data to evaluate its long-term performance. Traders may be hesitant to commit large volumes of funds to an exchange that hasn’t yet proven itself through market fluctuations or stress-tested its systems during high-demand periods. However, since its launch in 2018, WhiteBIT managed to set foot in the door with robust security, established trust from users, and in the market overall. Letting alone the constant development of the new products and growth of trading volume. Namely, WhiteBIT gained third position in terms of derivatives trading volume. Withdrawal limitations for certain fiat currencies Indeed, WhiteBIT can boast of a great amount of withdrawal options – from SEPA transfers and integration with third-party payment services to different networks and protocols. However, this does not apply to a full list of fiat currencies represented on the exchange. Case in point: Czech users can only withdraw korunas to bank cards, while Ukrainians and Turks are limited to GeoPay and other similar providers of their national currencies’ payments. By contrast, WhiteBIT compensates such minor drawbacks with internal peer-to-peer (P2P) service, which allows for a swifter swap and withdrawal. WhiteBIT fees Fees is one of the core criteria for traders in choosing the cryptocurrency exchange. Having said that, WhiteBIT offers a competitive outlook in terms of fees. Specifically, both the maker and taker are commissioned 0.1% when choosing spot trading, which is a rather standard rate. Importantly, ones can be reduced for the WBT holders. As for the futures trading, the taker fee is 0.035%, while the maker one is only 0.01%. This is a significantly lower rate compared to a majority of leading exchanges, such as Binance that has 0.05% taker fees and 0.02% maker fees for regular traders. Importantly, the fees for withdrawals differ between the currencies. The good part is – a majority of blockchain-based transactions are commission-free. WhiteBIT ecosystem features There is more to WhiteBIT than cryptocurrency exchange. In fact, the company is branching the service with technological features, client-oriented initiatives, and self-sustainable products, which combined shape a complex ecosystem. All the features of this ecosystem, as reported by WhiteBIT, create exclusive benefits for the users and bridging the gap towards vaster cryptocurrency adoption. Whitechain and WB Soul Formerly WB Network, Whitechain is an EMV-compatible layer 1 blockchain that operates upon Proof-of-Authority (PoA) consensus mechanism, ensuring the verified transaction validators. Primarily, Whitechain was designed to reduce commissions for WhiteBIT exchange users and accelerate transaction processing. However, the network also comes with different methods of fostering the users. One of such is WB Soul – an unalterable and non-transferable NFT that allows users to recreate their identity within the blockchain without revealing any personal data. From owning WB Soul, users with WBT in Holding are able to get rewards for blockchain fees and funds redistribution. Whitechain’s roadmap includes launching new products, enhancing liquidity, enabling cross-chain swaps, and integrating artificial intelligence with smart contracts. The plans are already leaving the papers, specifically with the recent launch of PocketRocket – Whitechain-powered TON-based crypto game. Whitepool Whitepool is a mining pool that aggregates computing power from miners worldwide, providing a cost-effective alternative to solo mining. Apart from the hashrate of over 6300 PH/s, this SHA256-powered pool also offers 0% fee for receiving rewards, automatic balance updates, and 24/7 multilingual customer support, available in English, Ukrainian, Polish, Turkish, and other languages. It also offers special programs for VIP-clients, which provides lowered fees for using the pool, stable rewards for miners with powerful hardware, and other features that are soon to be announced. WhiteBIT-based services Apart from the WhiteBIT-integrated features, the company is also a home to different services: WhiteSwap : a decentralized exchange (DEX) powered by the Ethereum, Tron, and Polygon blockchains. You can swap, farm, and bridge different assets via the service. WhiteEX : This feature provides physical cards that can be used to conveniently top up (deposit) funds into your WhiteBIT exchange account. WhitePay : A service aimed at businesses, providing tools for cryptocurrency payment processing. This includes solutions like crypto acquiring and point-of-sale (POS) terminals. GNCrypto : a global news outlet dedicated to elevating the understanding of cryptocurrencies and blockchain technology How to setup an account on WhiteBIT WhiteBIT stands out with its swift yet secure registration process. To set up a WhiteBIT account , you'll need to enter your email address and create a strong password in a Sign Up menu. Finally, find the confirmation message WhiteBIT sent to your email and enter the verification code. The next essential step is completing the Know-Your-Customer (KYC) verification. You need to provide your ID proof along with your address proof. The verification process usually takes a few minutes. Now, only when the KYC is completed, you can access all WhiteBIT features. Verdict: is WhiteBIT a good trading toolkit? After taking a closer look at WhiteBIT, it’s clear that it brings a lot to the table for crypto traders of all levels. Its robust security measures, competitive fees, and user-oriented approach makes it a strong contender in an increasingly crowded space. Still, it’s essential to weigh these benefits against your own trading needs – whether it's access to specific coins, advanced tools, or a mobile-first experience. At the end of the day, the right exchange is the one that best aligns with your goals, and WhiteBIT might just be the platform that gets you there.Longby paul_endeo2
BTCUSDT: Broke out of Triangle !!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse BTCUSDT in LTF here. BTCUSDT is currently trading above $62,000, following a significant rally fueled by the Federal Reserve's recent 50 basis point interest rate cut. As expected, this positive economic development has boosted Bitcoin's price. Key Points: Breakout: Bitcoin has successfully broken out of a symmetrical triangle. Momentum: The market is showing strong bullish momentum. Retest: A potential retest of the $61,500 level could occur. To maintain the bullish trend, it's crucial for Bitcoin to hold above $60,863 in daily TF. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!Longby persis10t2
BTC map#BTC daily map & important supports . Buy in incomming dips in important support and ejoy from upcoming bullrun.by SuperSignal_vip3
BTC new acumilition in 63 to 65hello boy im see btc to going make new acumilition in this range ... just Let goo to 75K for any question im here just contact me to get any chart not forget follow me guys Longby loucifmustapha3
BTC Breaks Key Resistance at $60K, Buyer Demand SurgesKey Developments: BTC has broken through the major resistance zone at $60K. Strong buyer demand is expected to continue, especially after the rate cuts decision. Altcoin Strength: While Bitcoin Dominance (BTC.D) is rolling over, altcoins are showing renewed strength, suggesting a broader market rally. Market Outlook: The breakout signals potential continued upside for BTC. Watch for further altcoin performance as BTC.D trends downward. #BitcoinBreakout #BTC #Crypto #Altcoins #BitcoinDominance #MarketAnalysis #RateCutsby Richtv_official3
BTC BULLISH PATTERN Bitcoin has formed a potentially bullish pattern. We have several points supporting this bullish pattern: We are at the bottom of the parallel channel. A key support area has been tested, and this is the second test. Let’s see what happens next. This is not financial advice, just a technical analysis.Longby Bit_Terhal10
BTCUSDT: Bullish Trend (Harmonic Pattern)BTC is moving in uptrend and currently its forming harmonic pattern so we will wait for the bullish divergence and after the divergence wait for the break of the LHs to confirmation of the bullish trend to take a long trade. Longby mudusirUpdated 2
BTCUSD upside target 60600At current label buy BTC USD for the upside target 60600Longby Sudhir-Sirohi3
BTCUSDT 15min PUMP to 64KBTCUSDT 15min PUMP to 64K BTC has broken the bearish channel so it will probably continue to rise until it touches 64K. We must be attentive because at this time, it is in an area of uncertainty and could turn around. It is very convenient to adjust the SL so as not to lose the accumulated profits. Levels: BUY above 62450 SELL below 62200 SUPPORT 61k RESISTANCE 64KLongby DeuXfi2
All About the Head & Shoulders Pattern(Beginner-Friendly) Part.2Hello, everyone. Today, I’m excited to share the second part of my educational series on chart patterns. In this post, we’ll be focusing on the 'Head and Shoulders' and 'Inverse Head and Shoulders' patterns. For those who missed the first part, you can catch up here: ↓↓↓ As always, I’ve kept the explanations simple and beginner-friendly. I hope this guide provides you with valuable insights! Here’s today’s outline: ———— ✔️ Outline 1. What is the Head and Shoulders pattern? Definition Key components Characteristics 2. Head and Shoulders Basic features Examples 3. Inverse Head and Shoulders Basic features Examples ———— 1. What is the "Head and Shoulders" pattern? 1) Definition The Head and Shoulders pattern is a well-established reversal formation that appears after an uptrend and signals the potential start of a downtrend. It indicates that buying pressure is weakening and selling pressure is gaining momentum. 2) Key components Left Shoulder: The initial peak, where the price rises and then pulls back. Head : The highest peak, situated between the two shoulders, representing the final bullish push. Right Shoulder: The third peak, which is typically lower than the head but similar to the left shoulder, signaling diminishing buying interest. Neckline: A key support line drawn across the lows of the left and right shoulders. A decisive break below this neckline confirms the reversal and the beginning of a downtrend. 3) Characteristics Reversal signal: The Head and Shoulders pattern marks a transition from an uptrend to a downtrend. Easy identification: The structure is visually distinctive, with three clear peaks. Neckline significance: A break below the neckline serves as a confirmation signal for the downtrend. Volume dynamics: Volume typically rises during the formation of the left shoulder and head, decreases during the right shoulder, and surges again when the neckline is breached. ———— 2. Head and Shoulders (Reversal from uptrend to downtrend) 1) Basic features End of an uptrend: The Head and Shoulders pattern forms at the end of a bullish phase, signaling a weakening in buying strength. Distinct peak heights: The head is always higher than the shoulders, which are generally symmetrical, though the right shoulder may sometimes be slightly lower, enhancing the pattern’s reliability. Neckline as a trigger: The neckline acts as a critical support level. A break below it confirms the pattern and signals the onset of a bearish trend. Volume confirmation: Volume increases during the left shoulder and head formations, weakens during the right shoulder, and spikes when the neckline is broken, confirming a potential sell-off. Price target: After the pattern completes, the expected price drop is typically equal to the distance between the head and the neckline, providing traders with a target. 2-1) Example 1 In this example, we see a fakeout at the right shoulder, followed by a sharp decline. After a brief retest of the neckline, the price broke through and continued its downtrend. 2-2) Example 2 In this chart, a fakeout occurred when the price dropped from the head and formed the neckline, misleading many market participants. After forming the right shoulder, the price successfully declined. There were two retests, which confirmed the reliability of the pattern. ———— 3. Reverse Head and Shoulders (Trend reversal from downtrend to uptrend) 1) Basic features End of a downtrend: The Inverse Head and Shoulders pattern typically forms at the end of a downtrend, signaling a potential reversal to the upside. Formation of lows: Like the standard Head and Shoulders, this pattern consists of three lows—left shoulder, head, and right shoulder—with the head being the lowest point. Neckline significance: The neckline is drawn across the highs of the left and right shoulders. A break above this line confirms the reversal and acts as a strong buy signal. Volume pattern: Volume tends to decrease during the formation of the pattern but surges when the neckline is broken, signaling strong buying momentum. Target setting: After the pattern is confirmed, the expected price rise is often equal to the distance from the head to the neckline, which helps traders set profit targets. 2-1) Example 1 After the Head and Shoulders pattern formed, the price broke above the neckline, successfully reversing the downtrend into an uptrend. A buy strategy would have yielded profits at the breakout point. 2-2) Example 2 In this example, a smaller Reverse Head and Shoulders pattern formed within the head of a larger pattern (see Example 3). After two successful retests, the price reversed into a strong uptrend. 2-3) Example 3 This example showcases the smaller Reverse Head and Shoulders pattern mentioned in Example 2, located within the head. After two successful retests, a buy strategy could have led to profits as the price reversed into an uptrend. ———— ✔️ Conclusion "Charts are the maps of the market." The Head and Shoulders and Reverse Head and Shoulders patterns we’ve covered in this post are key signals that frequently appear in the market. Charts aren’t random—they are visual representations of market psychology and investor behavior. As traders, our role is to interpret these maps, navigate the market, and make informed decisions. Investing is more than just buying and selling. Sometimes the market may move contrary to our expectations, while other times we seize opportunities and achieve success. Each experience is a chance to learn and grow. The more experience you gain, the more paths you’ll recognize on the chart. Success in this market requires persistence, patience, and continuous learning. Understanding and analyzing chart patterns like the ones discussed here is just the beginning. I hope this post has helped you gain a deeper understanding of the market and make more informed decisions. The market is always evolving, but within that evolution lies opportunity. The key is developing the ability to spot those opportunities. With knowledge, experience, and confidence, you’ll find greater success. Stay prepared, and always listen to what the market is telling you.Educationby Killer_Whales1148
Bitcoin Weekly Review September 15th – 21stTLDR: The prevailing concept in CT is that once the Fed begins a QE cycle, prices of financial assets immediately shoot up. The data from two previous cycles tell a different story. The market doesn’t immediately react to rate cuts, if at all. It is after the rate cuts ended that the uptrend begins. 2007/2008 Rate Cut Cycle: Based on historical data from 2007 and 2008, Nasdaq 100. The first month of QE resulted in a bullish response. However, it was followed by a downtrend until the rates were zero. 2019/2020 Rate Cut Cycle: Based on the BLX chart. Excluding the initial bullish reaction, this QE cycle did not affect Bitcoin’s price. After rates were at zero, Bitcoin’s uptrend began. Takeaways From Previous QE Cycles 1. Fed cuts don’t change the trend. At least until the cutting cycle is over. 2. Even if we assume a bullish reaction, it is short-lived. 3. The Fed is late in responding to market conditions. 4. The chances of a 50% rate cut in September are low. 5. The Fed overreacts to recession conditions. 6. When the markets begin to tumble, it is a dumpster fire. The fed cannot put out the fire with rate cuts. Bitcoin Cycle Analysis: My macro-outlook for Bitcoin remains that Bitcoin is in the process of completing a wave four correction, after which I expect a continuation of the bullish trend to at least 80K. Within the wave four correction, the two primary scenarios are: Complex Correction: This scenario presumes that Bitcoin is in a wave four correction. According to this scenario, the final leg down in wave C of Y is missing. If this is the “correct” scenario, Bitcoin should begin wave C to the downside after hitting the reversal zone between 0.618 and 0.786 retracements. ABCDE Triangle Breakout: According to this scenario, Bitcoin’s wave four bottom was on August 5th. Bitcoin consolidates in an ABCDE triangle before breaking out to the upside in the final 5th wave. If this is the “correct” scenario, Bitcoin is close to the 0.618 retracement. I expect it to be rejected between 61.1K and 62.5K (wick) to complete the final E wave. This will become the primary scenario if it can find support at around 54K and break out of the triangle. Direct Breakout Scenario: This scenario assumes that Bitcoin finished the correction process on September 6th and is now on the verge of a breakout. Even if this is the “correct” scenario, I expect a pullback to 57K - 58K before continuing. High Probability Support and Resistance Levels: 1. 65K. Resistance. 2. 62.5K. Resistance. 3. 61K. Resistance. 4. 58K. Support. 5. 56K. Support. 6. 54K. Support. by NewThoughtCrypto3
Sell setup, tp1:59140, tp2:57450. Enjoy it!🩸🩸🩸🩸🩸Sell setup, tp1:59140, tp2:57450. Enjoy it!🔴🔴🔴🔴Shortby Globalistboy4