A new gold rush?After the American elections are over, we can declare that the big winner was none other than Elon Musk. Or was it Donald Trump?
Following this, the newest American president publicly called on institutional investors to buy, mainly to buy cryptos. Will the dream of the “lovers” on duty come true, and will BTC become the new global legal tender currency?
Or will we see BTC become the newest store of value, surpassing the precious metal called gold?
After the new president's speech, I see that the crypto rush has had an effect, and I realize that the precious metal (gold) is losing strength.
Now, I will ask the final question. Will we have a new record in SPX, and especially in BTC?
It's worth remembering that the red lines are support points for gold at the moment!
Do your analysis and good business.
Be aware, if you buy, use stop loss.
Btc!
MA OSCILLATOR RISK METRIC | BTC COLOURED CANDLES [DAILY]As promised, post showing the 'MA OSCILLATOR RISK METRIC' indicator on the daily time frame for you to explore.
This post shows BTC's behavior to historic over / under extension to price and historic levels of volatile in prior cycles on the Daily chart.
Feel free to interact with the chart on a computer via this post (phone apps only show the static image with trading view posts).
MA OSCILLATOR RISK METRIC | BTC COLOURED CANDLES [Weekly]Hi All. Since my prior post on this indicator, I have been asked to show this indicator with risk level colours against price. I initially built this functionality in originally (during the development of this indicator) a number of different ways but ended up simplifying to using pine scrip 'bar color' function.
This post shows BTC's behavior to historic over / under extension and volatile ranges in prior cycles on the Weekly chart. I will follow this post showing the daily chart.
Feel free to interact with the chart on a computer via this post (phone apps only show the static image with trading view posts).
Bitcoin on the Path to Unprecedented Success. Trade plan!Technical Analysis for Bitcoin (BTC/USD)
Chart Observations
Falling Wedge Pattern:
A bullish reversal pattern is forming, indicating potential upward momentum if the price breaks above the resistance trendline.
Breakout scenarios typically target the previous high or a significant resistance level.
Support and Resistance Zones:
Resistance Zone: Around $91,000-$92,000, visible as the upper orange zone.
Support Zone: Around $78,000-$79,000, visible as the lower orange zone.
Indicators:
RSI (Relative Strength Index): Currently at 38.08, showing oversold conditions and a potential for upward momentum.
Stochastic Oscillator: Indicates bullish divergence with oversold conditions, suggesting a potential upward price movement.
HMA (Hull Moving Average): Neutral to slightly bullish, sitting at 53.63.
Money Flow Index (MFI): Showing outflows (red), indicating possible selling pressure.
Volume:
Relatively low, suggesting a lack of conviction in either direction. A breakout accompanied by high volume will confirm the next major move.
Divergences:
Visible bullish divergences on the VMC Cipher B suggest a potential reversal if the falling wedge resistance is broken.
Trading Plan
Scenario 1: Bullish Breakout
Trigger: Break and close above the falling wedge resistance with strong volume confirmation.
Entry: Place a long position at $86,500-$87,000.
Targets:
First Target: $90,000 (conservative).
Second Target: $92,000 (major resistance zone).
Stop Loss: Below the wedge breakout level at $84,500.
Risk-Reward Ratio: Aim for 3:1.
Scenario 2: Bearish Breakdown
Trigger: Break and close below the wedge support with strong volume.
Entry: Place a short position at $84,000-$83,500.
Targets:
First Target: $80,000 (conservative).
Second Target: $78,000 (lower support zone).
Stop Loss: Above the wedge support at $86,000.
Risk-Reward Ratio: Aim for 3:1.
Risk Management
Allocate 1-2% of your portfolio per trade.
Monitor key levels and indicators, particularly volume spikes, RSI, and stochastic trends.
Keep an eye on macro news and Bitcoin-related announcements that could influence market sentiment.
If the price remains range-bound within the wedge, avoid over-trading and wait for a breakout confirmation.
Ensure all trades are backed by stop-loss orders to manage potential losses effectively.
For an altcoin bull market, BTC dominance must fall...
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(BTCUSDT 1D chart)
There was a shake up and down.
This movement can continue until the next volatility period, around November 16-19 (up to November 15-20).
What we need to look at is when the StErr Line or the M-Signal indicator on the 1D chart rises and touches.
This phenomenon can be seen as occurring because the disparity is too large.
In any case, the key is whether we can withstand this shake.
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(BTC.D 1M chart)
I think that in order for altcoins to rise, they need to show a concentration of funds toward altcoins.
Therefore, I think that BTC dominance should fall below 55.01 and remain there or show a downward trend.
Currently, BTC dominance is showing an upward trend in BTC's shaking.
Otherwise, altcoins are likely to gradually move sideways or show a downward trend.
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(USDT.D 1M chart)
If USDT dominance remains below 4.97 or shows a downward trend, I think that the coin market is likely to show an upward trend (bull market).
However, in order for altcoins to rise in line with the upward trend of BTC, as I mentioned earlier, BTC dominance must also show a downward trend.
Otherwise, there is a possibility that a strange market will be formed where only BTC rises.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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BITCOIN Weekly Chart Update !!Bitcoin has completed a cup-and-handle breakout on the weekly timeframe, accompanied by strong volume, which signals robust bullish momentum. This pattern is typically a bullish continuation pattern, suggesting that BTC has the potential to enter a strong uptrend following this breakout.
The Ichimoku Cloud is also showing a bullish signal, with price action above the cloud, confirming a trend shift in favor of buyers. The cloud's bullish alignment suggests that the current rally has further room for upward movement, potentially setting BTC on course for new highs.
However, pullbacks are common after breakouts as the price retests the previous resistance as support. A pullback to the handle or prior resistance zone would provide an opportunity for bulls to gather strength before pushing Bitcoin to new peaks. Key support levels to watch include previous highs or areas around the handle region, which should act as a launching point for the next leg up if bulls hold steady.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTC is in the range of $85-90kAs you can see, BTC has made large upward movements in recent days, resulting in a move of approximately 35%, which broke the critical point around $84,600, reaching nearly $90,000. You can see how we are struggling to maintain this movement and the price itself is in the range of $85,000-$90,000.
However, here you can see another resistance point at the level of $90,900, then very strong resistance may appear at the price of $94,400, and then the zone in the range of $98,400 to $99,760 will be important, which is a strong psychological barrier.
In a situation where we see further price recovery, support is visible at the level of $84,580, then there is a support point at $81,235, then we have the level of $78,481, $75,727 and $71,784.
You can see how the price is climbing along the upward trend line and looking at this line, we can expect an attempt to rebound towards this trend line.
Idea for the next 2 weeks for BitcoinBitcoin flew up perfectly according to my scenario. Bitcoin went without reaching the full correction as I expected. It only reached 65300.
US elections determined the winner, Bitcoin reached the maximum point of 75000.
A. The descending channel is destroyed. The euphoria has passed, now we expect a correction according to the chart
1 - 70000
2 - 65000
Next, Bitcoin can calmly grow to 80000.
B. It is less likely to go straight to 80000 and then correct from there to 70000
Please like my post
High precision version - BTC log trend DEC/JAN PEAKThis is an updated version of my first logarithmic price trend.
This trend is in line with Bitcoin since it first started to trade.
With highly precise curves that better match the cycles, I now expect to see a
peak in BTC price of $90,400 set to hit somewhere between 14th of November and New Year.
I think the trend will be followed even on the downturn,
forming the 'Mother-of-all Head and shoulders patterns'.
BTC Testing its limitsLook for Bitcoin to range for a day or so under the all time high. Followed by a breakout, retest (as support now) then off we go towards 90k. Why 90k you ask? Because that's the upward momentum pulled from the current bull flag pattern that BTC is printing.
There are two estimates; A more conservative 90k that is almost inevitable if the bull flag breaks to the upside. As well as 112k based on the length of the "pole" in the bull flag.
That said, we are human and we like nice round numbers. What do you think the odds are of BTC hitting 100k if we hit 90k? I'd say better than fair and most likely a sight better than that!
Now you can't mention 100k without mentioning losses. People are going to sell at 100k because that's what we're built to do, take those all too tempting round numbers with those Wallstreet bets ape like gains and try and beat your fellow ape to the cashier's table. So caution here, if you're a short term hodlr it's going to get rocky around 100k. If you're a long term hodlr you've no fear. Sit back and enjoy the ride.
NEIROETH → The coin is one step away from rallying ↑BINANCE:NEIROETHUSDT.P consolidates before a possible takeoff. The potential of the cryptocurrency market is beginning to unfold amid the excitement surrounding Trump's victory
While bitcoin is hitting all-time highs, some altcoins are still considered extremely undervalued.
NEIROETH is coming out of accumulation (triangle) but faces a strong liquidity zone. The coin continues to accumulate potential, but with a hint of resistance breakout. The key liquidity zone is 0.1150.
Technically, the picture on the chart is shaping up to be extremely bullish: no renewal of lows, strong consolidations and strong support levels.
Resistance levels: 0.1150, 0.1400
Support levels: 0.0923, 0.067
I do not exclude the possibility of support retest and formation of a false breakdown before further growth. But in any case, a break of the key liquidity zone at 0.115 may trigger a rally.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:NEIROETHUSDT.P ;)
Regards R. Linda!
NEAR Long Spot Trade (Double Bottom & 200 EMA Retest)Market Context: NEAR is showing a bullish double bottom pattern at a key support level. With the Stochastic RSI indicating a peak, a slight retracement is expected before testing the 200 EMA, setting up a potential move to the upside.
Trade Setup:
Entry: Enter a trade between $4.50 and $5.00
Take Profit Targets:
First target: $6.23
Second target: $7.35
Third target: $8.20
Stop Loss: Daily close below $4.00
This setup leverages the double bottom formation and tests of the 200 EMA as confirmation for a continuation of the upward trend. #NEAR
BTC/USDT 15m Time for a cool off? Trying to Keep a sensible approach during crazy times, I see 2 possible bullish setups:
- A wick down into bullish OB plus a breakout of the diagonal resistance is a strong setup.
- 2nd option is the same further down.
If BTC continues to climb I'd like to see the bearish OB flipped with a convincing flip from resistance to support.
A full week of non stop climbing does need a correction to be healthy and punish late longs with a leverage flush.
TON Long Spot Trade (Structure Shift & 21 EMA Reclaim) Market Context: TON has shifted its market structure, reclaiming the 21 EMA as support. This signals a potential upward move, providing a good entry point at current levels.
Trade Setup:
Entry: Enter a trade around $5.00
Take Profit Targets:
First target: $5.92
Second target: $6.84
Third target: $7.83
Stop Loss: Daily close below $4.50
This strategy aims to capitalize on the momentum shift, with tight risk management given the support level reclaim. #TON
Altseason, Microcaps & Bitcoin ATH | BTC | BTC.D | TOTAL3An important analysis as the first part of my ongoing outlook for Bitcoin, now that my target has hit.
Not too long ago, I did a focus on altcoins by market cap - and the order in which they rally. This mainly speaks to the top 10 altcoins by market cap, and how they follow BT closely.
However, throughout the cycle, you will see microcaps move independently, aka pump and dups, but the real parabolic increases will happen when BTC is trading bullish, especially towards the peak / just after the peak of BTC. Together with watching the Bitcoin Dominance chart, that is what we discuss in more detail today.
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BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3
APT Long Spot Trade (Retest of Breakout)Market Context: APT has shown strong momentum with an impressive breakout beyond its accumulation range. We are now looking for a retest of the former resistance zone ($9 - $10), expecting this level to hold as new support for the next leg up.
Trade Setup:
Entry: Ladder into a long spot trade between $9 - $10
Take Profit:
First target: $16.5
Second target: $19
Third target: $26
Stop Loss: Daily close below $8
This setup aims to capture further upside as APT establishes support at the retested level. #APT