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Solana Pulse: Is the Breakout Just Around the Corner?The Solana Market Stirs: A Turning Point Ahead? The Solana (SOL) market, trading at $186.41, is teetering at a critical juncture. Despite standing 29.6% below its all-time high of $264.88 reached in November 2024, recent patterns indicate brewing momentum. The 50-day Moving Average (MA50) now sits below the 200-day Moving Average (MA200), signaling cautious sentiment, yet its proximity hints at a potential reversal. Simultaneously, the RSI at 46.38 suggests a market leaning toward oversold conditions, adding fuel to speculative buy signals. Yesterday’s candlestick unveiled a notable VSA Buy Pattern—an archetypal signal for an upward move after price manipulation. Will the market surge past resistance levels at $192.57 and beyond? Or does this rally face exhaustion against bearish currents? The next move might determine the trajectory for weeks to come. Are traders ready to seize this opportunity, or will hesitation cost them the climb? The market waits for no one—today could be the moment to act. Historical Roadmap of Solana Market: Pattern Analysis That Worked January 13th, 2025, 15:00 UTC – The Surge: VSA Buy Pattern Meets Momentum A classic VSA Buy Pattern 3 emerged, forecasting a bullish breakout. The trigger point at $185.53 was perfectly tested as the price soared, closing higher at $186.58 in the following session. This pattern held its ground, with the market respecting the bullish direction and moving upwards, confirming the anticipated trajectory. Investors caught in the buy zone saw a 4.52% movement unfold, reinforcing this as a textbook upward setup. January 14th, 2025, 07:00 UTC – Market Turns: Sell Volume Dominance In contrast, the VSA Sell Pattern 2 hinted at a downward move with its main direction pointing south. The price began its decline from an open of $186.24, confirming the sell-off by closing at $185.51. This bearish sentiment played out accurately as subsequent prices respected the lower lows. Smart money taking shorts at this level maximized gains on this predictable pivot. January 14th, 2025, 17:00 UTC – Reversal Play: Bulls Take Charge Again The VSA Buy Pattern 3rd reappeared with bullish energy. Starting from $186.42, the market crept up to $186.58. This movement, though smaller in scale, validated the pattern’s bullish main direction. Buyers holding positions here witnessed steady upward momentum, setting the stage for further resistance tests. Connecting the Dots: Patterns That Shaped the Chart Directional Accuracy: Each confirmed pattern respected its forecasted direction, with subsequent candlesticks affirming the anticipated moves. Momentum Drivers: Bullish setups like the VSA Buy Pattern thrived, especially when trigger points aligned with market sentiment. Misses to Note: Any unconfirmed patterns have been excluded, ensuring focus remains on actionable insights. Key Takeaway: Both traders and investors gained confidence as historical patterns not only worked but provided strategic entry and exit opportunities. What’s Next for Solana? The roadmap shows a pattern of precise movements, confirming the strength of technical setups. With resistance at $192.57 just ahead, will the bulls manage to keep their momentum alive, or is the next turn a bearish storm waiting to brew? Stay tuned as these patterns continue to shape the market’s destiny. Technical & Price Action Analysis: Key Levels to Watch Here’s a rundown of the most critical support and resistance levels in play for Solana. These levels are magnets for price action, and if they fail to hold, expect a swift role reversal, with former support becoming resistance and vice versa. Support Levels $223.20 – A powerful support zone. If bulls lose their grip here, this level could quickly flip to resistance, capping future rallies. $192.57 – The immediate line in the sand for the bulls. Failure to defend this level may invite aggressive selling pressure. $185.68 (MA100) – A dynamic support area aligning with moving averages. Watch for bounces or breakdowns around this point. $184.48 (MA50) – The frontline for near-term support. A break here could spell trouble for bullish momentum. Resistance Levels $192.57 – The first major barrier for bulls to conquer. This double-duty level is both a resistance and potential support pivot. $201.17 – A key psychological and technical zone. Watch for volume surges to confirm a breakout. $203.61 – A higher target within range. Failure here could indicate exhaustion. $214.76 – A line of strong resistance. Bulls need conviction to claim this territory. $224.20 – Top-tier resistance aligned with the powerful support zone at $223.20. If bulls reclaim this, it’s game on. Powerful Resistance Levels $157.83 – Previously a stronghold, now a ceiling. This level must be broken for a sustainable recovery. $99.98 – A key historical pivot. Any moves here signal high stakes. $73.07 – A distant checkpoint, currently irrelevant but critical in extended downtrends. The Golden Rule If these levels don’t hold their ground, their status flips, and they’ll act as tough hurdles for any future price moves. In this market, every level tells a story—watch for the clues! Trading Strategies Using Rays: A Dynamic Approach Concept of Rays: The Art of Dynamic Price Prediction Rays, based on Fibonacci principles and geometric alignments, offer a predictive framework for price interaction zones. Unlike classical methods focusing on static highs and lows, rays begin from the start of a movement, adapting dynamically to new patterns. They are designed to define the movement’s boundaries and allow traders to identify optimal entry points post-interaction. When price touches a ray, it often signals either a reversal or a continuation, with dynamic factors—like moving averages—playing a decisive role. Each movement is likely to progress from one ray to the next, offering clear targets for your trades. Two Scenarios for Trading Rays Optimistic Scenario Price interacts positively with a key ray and finds support at MA50 ($184.48) or MA100 ($185.68), confirming a bullish continuation. The first target becomes $192.57, aligning with a critical resistance zone. Subsequent movements aim for $201.17 and $203.61, following a breakout above resistance. Pessimistic Scenario Price fails to hold above MA50 ($184.48) and tests lower dynamic supports near $157.83, a powerful resistance turned support. If bearish momentum intensifies, the price targets $99.98 for the next support interaction. Lower ray interactions at $73.07 may attract opportunistic buyers seeking a long-term reversal. Potential Trades Based on Dynamic Levels Trade 1: Long at $184.48 (MA50) Price interaction with the ray and MA50 confirms support. Enter long, targeting $192.57 as the first goal. Breakout leads to $201.17 and potentially $203.61. Trade 2: Short at $192.57 (First Resistance) After a failed breakout attempt, initiate a short position targeting $185.68 (MA100). Monitor for support recovery or continuation lower. Trade 3: Long at $157.83 (Powerful Support) If price dips to $157.83, strong buying momentum is likely. Enter long, aiming for $184.48, and watch for further upside toward $192.57. Trade 4: Short at $99.98 Breaking below $157.83 shifts sentiment bearish. Enter short as the price approaches $99.98, with $73.07 as a secondary target. Key Notes for Execution Always wait for confirmation at a ray level and ensure price respects the ray before entering a position. Dynamic interactions with moving averages (MA50, MA100) strengthen trade setups. Price tends to move from one ray to the next, offering clear staging points for partial profit-taking or re-evaluation. Traders utilizing this structured approach can achieve clarity, discipline, and an edge by integrating ray dynamics with technical insights. Stay patient, and let the market confirm your strategy before diving in! What’s Your Next Move? Let’s Talk! Got questions? Drop them in the comments below! I’d love to hear your thoughts, ideas, or even challenges you're facing with your favorite assets. Don’t forget to hit Boost if you found this post insightful—save it to revisit later and see how the price action unfolds according to my analysis. After all, understanding those key levels is the secret sauce to successful trades! The rays and levels you see here are mapped automatically using my private indicator-strategy, tailored to predict price movement with precision. Interested in accessing it? Shoot me a private message—I’ll walk you through the process. It’s available exclusively, and trust me, it takes the guesswork out of trading. Need analysis for a specific asset? Let me know in the comments or DM me. I’m happy to create detailed setups—some I’ll share for free with the community, and others can be customized just for you if privacy is what you prefer. Whether it’s crypto, stocks, or forex, the rays work on every market, capturing the true flow of price action. Make sure to follow me here on TradingView! That’s where I’ll be sharing more of these insights and strategies. Let’s build a smarter, more profitable trading journey together. 🚀
by brandlabelden
BITCOIN vs GOLD Cycles. Yellow metal leads, BTC lags.In our early years as a channel we used to do a lot of analyses on the similarities of Bitcoin (BTCUSD) and Gold (XAUUSD) and how Gold Cycles could help predict BTC's future prices. The latter is called the 'digital Gold' after all. Going back to our roots, we present to you today our latest cross-cycle comparison between the two assets, which offers interesting insights. As you can see, the Cycles of those two aren't always aligned. The correlation tends to end when Gold peaks and when it bottoms. As you can see since 2018, when Gold starts a Bull Cycle, Bitcoin tends to lag behind, still being on its Bear Cycle. Then the two converge and correlate until Gold peaks and start its Bear Cycle. That is still relatively early for Bitcoin's bullish trend, which remains on its Bull Cycle, in fact has around 1 year ahead of it. As a result, the two start to diverge again. Based on this model, it appears that Gold's Bull Cycle has peaked and Bitcoin is entering (black circle) its last stage of its Bull Cycle, with a Parabolic Rally being prepared. Still not too late to buy the 'Digital Gold' on this Cycle. Do you agree with this correlation? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
5
XRP's Breakout: Could It Spark Altseason?Here’s my take: XRP is setting the stage for something big. It’s showing similar breakout dynamics to 2017 , and the recent move out of a Bullish Triangle pattern is a strong signal. We’re seeing solid momentum, and with XRP trading near $2.87 , it’s eyeing that $3.50 resistance level — backed by increasing market activity and a clear boost in institutional interest. Is Altseason on the Horizon? The potential here is huge. If XRP can sustain this trajectory, with a maximum target of $5.00 , it might just ignite an altseason in 2025. The broader market is already favoring altcoins as Bitcoin consolidates, and XRP could very well lead the charge, pulling fresh attention back into the altcoin market. XRPBTC Cup & Handle: Ultra Bullish On the weekly timeframe , the XRPBTC pair is forming a massive Cup & Handle pattern , which is historically ultra bullish. The breakout level sits at 3050 , with targets extending to 4311–5931 . This adds even more bullish momentum to XRP, making it a top pick for significant gains. What I’m Watching Key levels are everything right now. $3.00 and $3.50 are crucial short-term resistance zones. If XRP can break through decisively, the next target is clear: $5.00 . The breakout from that Bullish Triangle has already established a solid bullish foundation, so this is definitely one to keep a close eye on in upcoming weeks. XRP: A Turning Point with SEC Drama and Growing Institutional Interest Ripple's Ongoing Legal Saga with the SEC XRP continues to dominate headlines as the legal battle between Ripple and the SEC takes another turn. With SEC Chair Gary Gensler preparing to step down, the agency is set to file its opening brief in the appeal against Ripple this week . Ripple remains confident, bolstered by support from industry leaders and the incoming pro-crypto administration led by Paul Atkins. Ripple President Monica Long has also highlighted the broader adoption potential of tokenization, emphasizing that 15 of the world’s top 25 banks have already piloted tokenized asset projects, signaling a promising future for the XRP Ledger. Tokenization Push with RLUSD Stablecoin Ripple Labs is leading the charge in tokenization with its innovative RLUSD stablecoin, launched to drive real-world adoption. The stablecoin has seen impressive adoption milestones across global exchanges, including in Singapore via Independent Reserve. Ripple’s focus on leveraging the XRP Ledger for tokenization through strategic partnerships like Archax positions the company as a key player in the evolving crypto-banking space. As banks explore crypto integration, Ripple is set to benefit from this mainstream adoption trend, assuming regulatory clarity continues to improve. XRP ETF Approval Could Trigger Massive Inflows Institutional interest in XRP is also heating up, with JPMorgan predicting that a spot-based XRP ETF could attract inflows between $3 billion and $8 billion . This follows the success of Bitcoin and Ethereum ETFs and growing confidence in the pro-crypto regulatory environment. Multiple players, including Bitwise and WisdomTree, are already vying to launch an XRP ETF, with analysts giving a 59% probability of approval in 2025. Ripple CEO Brad Garlinghouse sees this as a natural progression, further solidifying XRP’s potential as an institutional favorite in the coming years.
Long
by ArShevelev
Technical Analysis of AAVE/USDT: Potential Wave PathThis analysis examines the wave structure of AAVE on the 4-hour timeframe. Based on Elliott Wave Theory and Fibonacci levels, the price appears to be in a corrective phase, with key support and resistance zones highlighted. Key Insights: Corrective Wave (ABC): The price has entered a corrective movement in the form of ABC after completing the third bullish wave. The support zone between $256–$235 is identified as a potential completion area for Wave 4. Fibonacci Levels: The 113% ($256.08) and 127.2% ($238.48) Fibonacci levels serve as key points for potential price reactions. Wave 5 Completion: Upon completing Wave 4 in the highlighted support zone, the price is expected to enter Wave 5. The target for Wave 5 could extend beyond $500, depending on the strength of the bullish momentum. Possible Scenarios: Bullish Scenario: If the price finds support in the $256–$235 zone and reverses upward, Wave 5 may initiate, continuing the bullish trend. Bearish Scenario: A breakdown below the $235 support zone, followed by consolidation, could alter the Wave 4 scenario and lead to increased selling pressure. Conclusion: AAVE is currently in a corrective phase, with the $256–$235 support zone serving as a critical level to watch for determining the next move. Traders should closely monitor price reactions at this level and utilize confirmation tools such as momentum indicators. Share your thoughts in the comments, and don't forget to follow me for more detailed analyses!
Long
by Mohammad_Mirdehghan
4
Phemex Analysis #52: How to Trade LINK like a ProIn the world of cryptocurrencies, every token has a story, and Chainlink ( PHEMEX:LINKUSDT.P ) is no exception. Since its launch in 2017, LINK has established itself as a leader in decentralized oracles, bridging the gap between blockchain technology and real-world data. But what truly captivates traders is LINK’s price journey—a rollercoaster ride filled with opportunities and challenges. If you’ve been following our analysis, you might recall our deep dive into Cardano (ADA) last week. ADA had its own impressive run during the November 2024 bull market, but this week, we shift our focus to LINK. Like ADA, LINK also experienced a massive surge during the bull run, climbing from $10.245 on November 5th to an impressive $30.954 by December 13th—a staggering 302% rally that left investors euphoric. However, the tide turned, and LINK tumbled to $17.804, a 42% drop from its peak. Now, with the price hovering in this range, the question on everyone’s mind is: What’s next for LINK? Is it time to buy the dip, or should traders prepare for more turbulence? Let’s explore three possible scenarios for LINK’s price movement and uncover some Pro Tips along the way. Scenario 1: Continued Bearish Momentum Picture this: The crypto market remains under pressure, weighed down by bearish sentiment. LINK struggles to reclaim higher levels and forms a lower high—failing to break above $24.79 in the coming days. Then, the unthinkable happens: LINK breaks below its crucial $17.5 support level with heavy selling volume. The price plunges further, testing key support zones at $16.1, $13, or even as low as $10.2. For traders, this scenario might feel like walking through a storm, but opportunities often hide in chaos. Pro Tips: •If you’re daring and willing to take on higher risk, consider entering at $16.1 for potential upside—but be prepared for more downside. •For those seeking balance between risk and reward, $13 might be your sweet spot. •If you’re cautious and prefer minimizing risk, wait for $10.2—a level that offers a safer entry point but comes with the risk of missing out if the dip doesn’t go that deep. •Want to play it smart? Use scaled orders to spread your entries between $16 and $13 (medium-high risk) or $13 and $10.2 (medium-low risk). Scenario 2: A Period of Calm—Consolidation After months of wild swings—first the November bull run and then January’s sharp drop—LINK might finally catch its breath. Imagine the price settling into a quiet rhythm, moving sideways with little fanfare. In this scenario, LINK forms a lower high (below $24.79) but drifts slowly toward the $17.5 support level with low trading volume. For seasoned traders, this could be an opportunity to profit from the calm before the storm. Pro Tips: •Deploy grid trading bots to capitalize on small price fluctuations during this consolidation phase. •If you expect prices to rebound from support levels, start long grid bots near $17.5. •If you believe prices will struggle near resistance levels, start short grid bots near $24.79. This period of consolidation may not be thrilling, but it offers a chance for traders to sharpen their skills and prepare for what’s next. Scenario 3: The Bullish Breakout Now imagine a scenario where LINK starts showing signs of life—a bullish breakout that reignites hope among traders. If this breakout happens in the next few days, it’s likely to be a quick pump-and-dump rally—a short-lived rise that fizzles out almost as quickly as it began. However, if the breakout occurs after a period of consolidation, it could signal something more meaningful: a sustained upward trend. The key lies in timing and volume. A breakout above $24.79 with high trading volume would be the first signal that LINK is ready to climb higher. From there, traders can look toward resistance levels at $26 and $30.4 as potential profit-taking zones. Pro Tips: •If the breakout occurs after consolidation, it’s more likely to be sustained—watch for high volume as confirmation. •Consider going long once LINK breaks above $24.79 and aim for profit targets around $26 and $30.4. •Stay cautious if the breakout happens too quickly without consolidation—it could be a short-term pump with limited follow-through. This scenario is all about patience and precision. Waiting for consolidation before entering can help traders avoid false breakouts and position themselves for a potentially rewarding move upward. Conclusion Trading LINK isn’t just about numbers; it’s about understanding its narrative within the broader market context—and learning from similar tokens like ADA can provide valuable insight into how markets behave under similar conditions. Whether it’s navigating bearish waters like Scenario 1, profiting during periods of calm consolidation like Scenario 2, or riding bullish waves like Scenario 3—each scenario offers unique opportunities for those who are prepared. As you chart your course with LINK (and keep an eye on ADA), remember that every trade tells a story—and yours can be one of success if you stay disciplined, manage your risks wisely, and adapt to changing market conditions. So gear up and trade LINK like a pro—because every great trader knows that fortune favors the bold but rewards the prepared! Final Tips: Take your trading to the next level with Coin-M perpetual contracts, where you can use your ADA or LINK as collateral to trade and accumulate more tokens along the way. Phemex will list Coin-M perpetual contracts for ADA, LINK, AVAX, and SUI on January 16th. Don’t miss it—check it out! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
TradeCityPro | FILUSDT Money Stuck in the Weekly Range Box👋 Welcome to TradeCityPro Channel! Let’s analyze another altcoin of the week amidst a market day where interest rate decisions weakened the dollar and strengthened crypto. Scroll Down to Check Out the Analytical Chart as Well! 🌐 Overview Bitcoin As always, we begin by looking at Bitcoin. On the 1-hour timeframe, Bitcoin has bounced off the $90,655 support and is currently sitting below the $97,343 resistance. After breaking this resistance, there’s potential for new positions. To decide whether to open a long position on Bitcoin or altcoins, we examine Bitcoin dominance. Currently, while Bitcoin is green, dominance is red. However, when the $97,434 trigger is broken, check Bitcoin dominance; if it remains bearish, Bitcoin’s movement can act as confirmation for long positions on your altcoins. 📊 Weekly Timeframe On the weekly timeframe, FIL is clearly stuck in a range, fluctuating within a box for about 900 days over two years. We’ve repeatedly discussed the importance of avoiding purchases within range boxes and instead buying with momentum. While buying at the bottom of the box might offer numerically better entries, how does the risk of capital dormancy in this immature market compare? Remember, in a market like this, coins you hold could face extreme risks, as we saw with LUNA. For exiting this coin, patience is key. If it breaks below $3.214, consider liquidating your holdings and exiting , For re-entry, the primary and ideal trigger is a breakout above $10.163. After such a major accumulation phase, breaking out of the range box can signal a significant upward movement. Look for increased volume and RSI entry as confirmations. 📈 Daily Timeframe In the daily timeframe, after exiting our accumulation zone and breaking $4.791, FIL initiated an upward trend that reached $8.082. This highlights the importance of buying with momentum, such as the “break the box” candle marked on the chart. Currently, the price has returned to $4.791, a significant support level that was previously the box's ceiling and resistance but has now turned into strong support. It also aligns with the 0.618 Fibonacci level, further emphasizing its importance. For future purchases in the daily timeframe, the best triggers are $8.082 and $11.559, in that order. A riskier trigger would be the $6.199 breakout, but this carries higher uncertainty. For exits, activating your stop-loss below $3.214 is more logical for now. After breaking $4.791, I might consider opening a futures position. ⏱ 4-Hour Timeframe On the 4-hour timeframe, it seems FIL has faked out the $4.803 support and is forming a V-pattern. This pattern will activate upon breaking $5.217. 📈 Long Position Trigger i would personally take the risk and open one after breaking $5.217, staying aligned with the move. 📉 Short Position Trigger I currently have no plans. However, if FIL gets rejected from this resistance and moves downward again with momentum and volume, I might consider a short position after breaking $4.803. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
7
BTCUSD: This is a consolidation and we've seen it before.Bitcoin is neutral on its 1D technical outlook (RSI = 51.151, MACD = -617.400, ADX = 24.376) as it hasn't escaped the right range it's been trading in since late December. The 1W MACD has converged but hasn't made the Cross yet and as long as it doesn't, based on the time cycles, this is most likely a short consolidation that has happened almost exactly during the same time both in January 2024 and 2023. When the 1W MACD made the Bearish Cross, we had the long consolidation phases. By next week we should see this consolidation break to the upside. Our target is the same with the early 2024 breakout, a +195% rise from the bottom (TP = 150,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
1
BnB is on the wayBnb usdt Daily analysis Time frame 4hours Target 900$ Close Target is upperside of the band We hear a lot of news about major crypto companies collaborating, as well as corporate acquisitions and filling the coffers with valuable cryptocurrencies. But there is no volume in the market. We are not seeing the growth that we expect to hear after all this good news.😒 What is the reason? The answer is one word. 👉Strategic patience. 👈 Wait, this is the beginning. The rockets are refueling for a long, long launch.🚀🚀🚀
Long
by Habib-Tafazoli
TradeCityPro | ALGO Unraveling Trends and Forecasting the Next👋 Welcome to TradeCity Pro! In this analysis, I want to examine the ALGO coin for you. Algorand blockchain is one of the layer 1 networks. 📅 Daily Timeframe: Correction and Rest After 375% Growth In the daily timeframe, we have seen a significant price increase from $0.1085 to $0.5138. After bottoming out at $0.1085, coinciding with the breakout of Bitcoin's ATH, it started its movement and after breaking $0.1602, it began its main movement and reached the resistance at $0.5138. 📈 During this movement, due to high momentum and very high buying volume, it easily broke through the very important resistance at $0.3220. Now, after reaching $0.5138, we have entered a market correction phase. 🔍 Currently, after exiting Overbuy, its momentum has decreased and it has corrected to the 0.382 Fibonacci level, which overlaps with $0.3220. It has hit this area several times and each time it has managed to stay above this area, and this support has not yet been broken. 🔽 If $0.3220 breaks, the next areas are the 0.5, 0.618, and 0.786 Fibonacci levels, which we will see how the price reacts to. After these areas, the next supports are $0.1602 and the last support at $0.1085. A break of 41.63 in the RSI increases the likelihood of a correction occurring. 📊 If the resistance at $0.5138 is broken, the next resistance will be $0.7414. Entry of buying volume and a break of 70 in the RSI can help break $0.7414. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
7
FILUSD Accumulation almost over. Next stop $19.00.Filecoin (FILUSD) has been consolidating around its 1W MA50 (blue trend-line) for the past 4 weeks and appears to be at the end of the Lower Highs pattern similar to the one in 2019/20. Both patterns held FIL's historic Support Zone, printed identical 1W RSI Cup formations and the past pattern initiated a strong 1-year rally above the Symmetrical Resistance Zone once the Lower Highs broke. Essentially the Descending Triangle patterns are Accumulation Phases before the Bull Cycle's main rally. As a result, even though one last test of the Support Zone is technically viable, the upside at this time is already considerably greater than the risk involved, so in our opinion it is worth going long and have a modest 1W MA200 (orange trend-line) Target at $19.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:FILUSDLong
by TradingShot
Is Bitcoin Heading to $78K? Key Patterns Explained! ''BTC/USD: Key Supply Zone in Focus'' This chart highlights a significant supply zone between $94,858.98 and $95,979.83, marked by previous price rejections (indicated by the arrows). This zone represents a key area of resistance where selling pressure has historically dominated. If the price revisits this zone, there’s a high probability of another rejection, potentially leading to a downward movement. Traders should monitor this area closely for potential short opportunities or signs of a breakout. 👉 What’s your take on this supply zone? Will it hold, or are we breaking through? Let me know your thoughts in the comments! "BTC/USD: Bearish Head and Shoulders Pattern" This chart showcases a classic Head and Shoulders pattern, often regarded as a bearish signal. The price has already broken the neckline, indicating a potential continuation to the downside. The target for this pattern lies near $78,490.59, calculated based on the height of the structure. Combined with the current price action, this setup suggests further bearish momentum could be on the horizon. 👉 Do you agree with this bearish outlook? Or do you see a reversal coming? Share your analysis in the comments below!
INDEX:BTCUSDShort
by ProcessAndIntercept
ETH, the pathway to a new ATHHallo everyone, in the last weeks Ethereum was underperforming Bitcoin, but actually the chart looks quiet interesting again. The price broke out of a huge bull flag, but with the large correction in Bitcoin it fell under the breakout level again. Now it's approaching the breakout for the second attempt. The most important levels to watch is the 2021 yearly close at 3677 . Should we see a sustained move above, which aligns with the bull flag retest, ETH is set to reach new all time high prices within the new two month. Looking at the seasonality of cryptocurrencies the first quarter of the year is a good moment to be bullish.
CRYPTO:ETHUSDLong
by Kyrean
DOGEUSD: Typical prerally accumulation. Strong BUY.Dogecoin turned neutral on its 1D technical outlook (RSI = 45.150, MACD = -0.010, ADX = 26.634) as it tested the January 9th low. Technically this is a HL on the Channel Up that started after the December 20th 2024 bottom. The 1D RSI pattern looks very much like the last time it was trading on those (nearly) oversold levels after the August 5th 2024 bottom, as well as the time before that, the January 7th 2024 bottom. All three are Channel Up patterns that were technical accumulations, separated in two phases. We have denoted those with the Arcs. In relative terms with those past patterns, we are currently at the end of accumulation phase 1, so the price should start rising to a new HH on the Channel Up. The past two patterns kickstarted a parabolic rally after that HH pullback, that marginally exceeded the 3.0 Fibonacci extension. This projects that DOGE's long term target is the new 3.0 Fib from High to Low (TP = 1.6000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:DOGEUSDLong
by InvestingScope
BTCUSD Falling Wedge made a bottom. Short term buy signal.Bitcoin / BTCUSD is trading inside a Falling Wedge, which just made a new Low today. Every prior hit on its bottom trendline / support has been a buy signal. The December 20th and 23rd bottoms rebounded to Resistance A. The December 30th rose a bit more to the 0.618 Fibonacci level. As a result we can buy and target at least $95750 (Resistance A). See also how the 4hour RSI made a similar Double Bottom to December's. Follow us, like the idea and leave a comment below!!
CRYPTO:BTCUSDLong
by TheCryptagon
BITCOIN This week forms the bottom before it turns Parabolic.Bitcoin (BTCUSD) continues to repeat the 2014 - 2017 Cycle in great detail. So far besides the Bear Cycle Lower Highs that broke only after the Cycle bottom was priced, BTC has respected the replicated the two Accumulation phases above the 1W MA50 (blue trend-line), which is 2016 marked the last long-term buy opportunities before the market went on a Parabolic Rally in 2017. As you can see, even the 1W RSI suggests that in relative terms we are in a pre-parabolic run pull-back similar to January 2017. There are high probabilities that this week is the one that forms the new bottom that will push the market to a continuous rally towards December 2025. If the top is priced on the 7.0 Fibonacci extension from the Cycle bottom, as it did on December 2017, then we can expect to see at least $200k. Buy what is your take on this? Do you think we are that close before a parabolic rally? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
13
On the way to 85.5KMorning folks, So, both our entries worked fine - as on the top of the right arm as on recent pullback to 96k area. Now there are two moments that you have to know. First is, the risk factor. It comes from weekly bullish grabber pattern , suggesting upside jump above 108K top. But the problem with it is unclear reasons for this jump. Because fundamental picture for now doesn't support any upside action on BTC. First is, dollar and yields are going higher. Second and what is even more important - the new debt ceil act is not taken yet. We have only temporal act on postponing of this decision. It means that until it will be taken, the US Treasury has to save. And they do - spending cash from their Fed deposit. It means that liquidity for some time will remain narrow, which is bad for BTC and Stock market performance. Since both our entries are safe already and protected with breakeven stops, we could relax a bit and keep our eyes on 85.5K downside H&S target. If you still would like to go short- you should understand the risk that you take, because your stop now will be above 96K area. And with potential weekly bullish pattern on the back. Those who have an opposite view on situation and want to buy instead - the weekly pattern is the great one that you could try to use. If price will drop under 91K area, it will mean the failure of this idea.
COINBASE:BTCUSDShort
by Sive-Morten
BITCOIN TRADE PLAN + TECHNICAL ANALYSIS (ASCENDING TRIANGLE)Bitcoin appears to be forming an ascending triangle, a bullish continuation pattern. The horizontal resistance line is at $95,407, while the ascending support line suggests increasing buying pressure. A breakout above $95,407 could signal a significant upward move. Resistance Levels: Immediate resistance at $95,407. Secondary resistance levels: $108,330 and potentially higher targets as the trend develops. Support Levels: Immediate support near $92,000. Additional support levels: $88,071 and $85,000. Indicators Analysis: VMC Cipher B Divergences: Neutral-to-bullish signals with minimal negative momentum. RSI (14): The current value of around 44.2 indicates a neutral zone, with potential for upward movement if it crosses the 50 level. Money Flow Index (MFI): Indicates neutral activity, suggesting balanced buying and selling pressure. Stochastic Oscillator: Near oversold levels (15.3), implying that a reversal to the upside might occur soon. Trading Plan Entry Strategy: Aggressive Entry: Consider entering at current levels ($94,000) with a small position, anticipating a breakout. Conservative Entry: Wait for a confirmed breakout above $95,407, with strong volume as confirmation. Stop-Loss Placement: Place an initial stop-loss below $92,000 to limit downside risk. For tighter risk management, consider $93,000 as an alternative stop-loss level. Take-Profit Targets: First Target: $100,000 (psychological and round number resistance). Second Target: $108,330 (next major resistance based on historical levels). Third Target: Trail-stop strategy to capture potential gains beyond $108,330 if Bitcoin rallies further. Risk Management: Allocate no more than 2-3% of your trading capital to this position to manage risk effectively. Monitor trading volume during the breakout; lack of volume confirmation may indicate a false breakout. Contingency Plan: If Bitcoin breaks below $92,000, re-evaluate the bullish thesis and consider a short-term bearish outlook toward $88,071 or $85,000 support levels. Be cautious of false breakouts, particularly around $95,407. Keep an eye on macroeconomic events or Bitcoin-specific news that could influence price action. Bitcoin's ascending triangle pattern and current positioning suggest a bullish breakout is possible. Following this trading plan with disciplined risk management can help capture potential upside while limiting downside risks. Monitor the market closely for breakout confirmation or invalidation.
CRYPTO:BTCUSDLong
by elfabiiani