BTC 4 Seasons CycleWhat I came up with is that in the bullphase Bitcoin tops out in Winter/Spring 🟦/🟩
Last cycle we had a double top but you would only miss out on 4-8% while saving yourself the headache of a 50% drop in summer 🟥
In the bearphase we bottom usually in Fall/Winter 🟧/🟦
I dont know how people can call for 48-55k or something else it would take us another year then until Winter to get back up and top out and to drop in 4-6 Months in Summer to the bottom its not usual for Bitcoin to do that.
It takes Bitcoin around 350 to 400 Days to hit the bottom you can see it in the picture below
Chart Patterns
DeGRAM | EURGBP reversal patternEURGBP is above the descending channel between the trend lines.
The chart has broken the descending structure, but also formed a reversal harmonic pattern.
The price has already reached the resistance level and the upper trend line.
We expect a correction.
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Live Market Update- Welcome to Crypto
🤖🚀 Bitcoin’s Bullish Correction: What’s Next on the Chart? 💡📈
Hey everyone! Time to check in on Bitcoin’s latest move. Yesterday, while U.S. markets stumbled, Bitcoin gave us a corrective dip, but in a bullish context! Here’s what I’m seeing in the charts:
Bitcoin Analysis
Support Reclaimed: Bitcoin dipped to revisit its previous breakout levels, securing support at $69,579.
Next Target: If BTC can hold steady or push up from here, I’m watching $72,000 as the next test. If momentum carries it further, my projection is $79,000 for a potential new high.
Key Levels: Current support at $69,600, with a fallback to $65,670 if the trend doesn’t hold. Overall, my stance remains bullish, but remember fundamentals—U.S. elections, Middle East tensions, and today’s NFP data—can add volatility.
Bitcoin Dominance
BTC dominance is nearing a significant resistance point, and I’m 90% confident it could retrace from here. It didn’t quite trigger my alert, but with the NFP data release, we might see a quick spike before rejection.
Ethereum & Solana
Ethereum: Testing the waters at 0.058 BTC with a strong structure forming. I see room for a breakout toward $3,634, with support solid at $2,398.
Solana: At all-time highs but primed for a pullback, especially with the new competitor SUI entering the market. SUI’s levels are worth watching around $1.80 for a long, with psychological markers at $2 and $3.
Final Thoughts
Patience is key—these levels are guiding us, but the market may retest support before new highs emerge. Stick to the plan and keep a cool head in these moves!
One Love,
The FXPROFESSOR 💙
BTCUSDT - UniverseMetta - Analysis#BTCUSDT - UniverseMetta - Analysis
A correction of more than 6% has formed on D1, to a local support level, which may indicate a retest of this level, before going up, it is worth considering news factors in the near future, so as not to increase risks. You can try to work out a retest of the level, with a short stop loss, in order to avoid further corrective movement to the levels to update ATH. In the best case scenario, you can take a profit of 1:7. If the idea does not materialize, then wait for an additional entry point for purchases.
Target: 70600 - 76550
BTCUSDT Based on the chart, here’s a concise bullish trading strategy:
Key Support Zone: Watch the area around 68,500 USD, where the price is likely to retrace and rebound.
Entry Point: Consider entering a buy position if the price touches the support zone around 68,500 USD and shows signs of a bullish reversal.
Take Profit Target: Aim for 70,200 USD or higher, where the price previously reached a peak.
Stop Loss: Place a stop loss below the support level at 68,486 USD to manage risk in case of a breakdown.
This strategy anticipates that the support zone will hold, allowing the price to bounce back for the next upward wave.
SILVER_101 2024.11.01 08:43:06 Trading Signal BUYFrankPro Signal for SILVER_101
Type: Screen
Signal: BUY
TP: 33.426
SL: 32.711
Entry Price: 32.854
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Probably Down LT= Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Up LT=Up
ST=Down LT=Up
ST=Down LT=Up
Analysis Method(0)
Based on the provided analysis, I will perform a separate analysis for short-term and long-term expectations for the Silver price (XAG/USD).
**Short-term Analysis (next 24-48 hours)**
* The current price of $32.677 is approaching a key support area at $33.10, which could lead to a bounce or a break below.
* Technical indicators suggest a potential buy signal, but the Williams %R indicates the market is overbought.
* The softer US Dollar is preventing further retreats in precious metals, which could lead to a slight increase in Silver prices.
* Economic factors such as the EUR/USD rate and Gold prices will influence the Silver price.
**Expected Short-term Movement:** Neutral to Slightly Up
The Silver price is expected to remain relatively stable or experience a slight increase in the short term, as it approaches the key support area. However, a clear break below $33.10 could increase bearish pressure.
**Long-term Analysis (next week and beyond)**
* The influence of broader economic factors, such as the US PCE prices index and the upcoming NFP report, could lead to increased volatility in Silver prices.
* Geopolitical instability and fears of a deep recession could support Silver prices due to its safe-haven status.
* The Gold/Silver ratio and Gold prices will continue to influence Silver prices, with a potential indirect impact from the US election uncertainty.
* Industrial demand and the US consumer discretionary sectors could also impact Silver prices in the long term.
**Expected Long-term Movement:** Up
The long-term outlook for Silver prices appears bullish, driven by the potential for increased safe-haven demand, industrial demand, and the influence of Gold prices. However, the market will need to navigate the upcoming economic data releases and geopolitical events, which could lead to increased volatility.
Result: ST=Up LT=Up
Analysis Method(1)
Based on the provided analysis, here are my expectations for the XAG/USD (Silver) price changes:
**Short-term (next few days):**
* The price is expected to go down, as it is currently testing the support area near $32.35 and may break below the key support level at $33.10, potentially reaching $32.10 or even $31.30.
* However, the US Dollar's performance and key economic data releases (US PCE prices index and NFP report) may influence the price movement and prevent further declines.
**Long-term (weeks/months):**
* The price is expected to go up, as the forecast indicates continued growth with a target above $36.75 after the potential correction.
* The technical indicators (moving averages, RSI, STOCH, and MACD) all support a bullish trend, and the Elliott Wave analysis suggests a wave iv rally followed by a marginal wave v lower before resuming higher.
* However, a fall and breakout below $31.05 would cancel the growth scenario and indicate a continuation of the decline towards $29.25.
In summary, while there may be a short-term correction or decline, the long-term outlook for XAG/USD is bullish, with expectations of continued growth and a target above $36.75.
Result: ST=Down LT=Up
Analysis Method(2)
Based on the provided analysis, here are my conclusions for the expected price movement of XAG/USD (Silver) in both the short-term and long-term:
**Short-term (next few days/weeks):**
* The price is expected to go down. The analysis suggests a bearish correction to test the support level near $32.35, and the Elliott Wave analysis indicates a wave ((ii)) pullback is in progress, which may lead to a marginal wave v lower.
* However, the decline is expected to be limited, and the price is likely to rebound from the support level, potentially around $32.10 or $31.30.
**Long-term (next few months):**
* The price is expected to go up. The analysis indicates a bullish trend, with moving averages suggesting continued growth. The target price is above $36.75, and the Elliott Wave analysis suggests that the metal will resume its upward trend after the current corrective phase.
* The overall outlook remains bullish, with the pivot at the 30.1 low being crucial for maintaining this outlook.
Please note that these conclusions are based on the provided analysis and are subject to change as new data and market developments emerge.
Result: ST=Down LT=Up
Gold Trade Alert: Targeting $2,765 with 2:1 RRTrade Setup for Gold (XAU/USD):
Entry Point: $2,753
Stop Loss: $2,747
Target: $2,765
I'm looking at a short-term entry at $2,753, aiming for a quick move up to $2,765. With a 2:1 risk-reward ratio, this trade has a tight stop, making it a calculated play. Watch out for momentum around the entry level, and manage risk carefully. Let's see how the market responds!
BTC/USD: UPSIDE PROJECTIONSBTCUSDT D1 has broken the upper trendline of the Descending Broadening Wedge pattern, showing signs of a bullish continuation. It may be setting up for a retest within a key Fibonacci cluster before potentially pushing higher. The next targets are around the harmonic resistance levels at 80,328 and 89,066. Immediate support is at 65,260, with a stronger base at 49,000.
BTCUSD FORECASTWe are currently analyzing the 2-hour time frame to identify potential price changes in Bitcoin. The market scenario is bullish, and the trend is also bullish. Today, I am looking for a buying trade opportunity as soon as the price reaches our designated level. We will execute our trade after confirming with the candles.
Make sure to use a stop loss for your trade.
Crude Oil Technical AnalysisOil is trading bullishly above the 100-period simple moving average (SMA) and created a Fair Value Gap (FVG) on October 31. Technical indicators suggest that while the primary trend is bullish, oil is overpriced in the short term.
From a technical perspective, crude oil has the potential to fill the gap around $70.00 before the uptrend resumes. The FVG area provides a solid entry point for bullish positions.
The trend outlook remains bullish as long as the $69.70 support holds. That said, the next bullish target will likely be the $72.25 resistance level.
SasanSeifi| Potential Correction or Breakout Ahead?In the long-term chart analysis of BINANCE:LINKUSDT , we observe that the price has entered a corrective phase from the $22 price range. This correction continued following a positive reaction to a major demand level at $7.50, leading to a period of price consolidation within this area. As shown on the chart, after renewed fluctuations, the price faced resistance at a key supply level and the long-term descending trend line, resulting in a bearish reaction.
If we observe a sell confirmation in these price zones from lower timeframes and a break below the $10 level with price stabilization beneath it, LINK may correct further towards demand zones at $7.50 and $5. To better understand the ongoing movement, it is crucial to observe how the price reacts to these support levels, as they could serve as pivotal points.
Key resistance levels for LINK are positioned between $12.50 and $13. Alternatively, we can consider a bullish scenario. For this to unfold, the price would need to break through the critical supply level. If it consolidates above this level, LINK could move towards targets of $15 and further upwards to $17 and $20.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
SILVER Sellers In Panic! BUY!
My dear followers,
I analysed this chart on SILVER and concluded the following:
The market is trading on 32.966 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 33.538
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK