$BTC about to top-out?Not exactly sure where we will turn around, but RSI looks almost identical to last cycle, just ~30% shorter cycle?
It kind of looks like the move is manipulated this time? Might be because billionaires buying off-market through Coinbase way more this time than last time.
Also the lower 30k's looks attractive even tho I hardly doubt we will go there, except we starting bear market early this time. If price retrace to 30k to 40k - chart would print Inverse Head&Shoulders, at around 28k there is 3 White Soldier pattern on weekly chart, that act as strong support, wouldn't be surprised if we dip to those levels for a day or two if we get black swan event.
If we still in bull market then price should't go below ~80k. And correction of this size would start altcoin season.
This is weekly chart so of course no actual telling will this happen this week or 10 weeks later, just an interesting look. And RSI might lose it's bearish div if we pump enough.
Everyone saying BTC will go to over 120k or even over 300k, this dump would be something beautiful for new entries.
Bullish Patterns
USDCHF: Technicals Meet Diverging Dollar-Franc FundamentalsHey Traders!
In today’s trading session, we’re closely monitoring USD/CHF for a potential buying opportunity around the 0.88400 zone. Currently, USD/CHF is trading in an uptrend, but it’s in a correction phase and approaching the 0.88400 support and resistance area—a key level that could offer an entry point aligned with the ongoing trend.
Fundamental Insights: USD Strength vs. CHF Weakness
From a fundamental perspective, we’re seeing diverging influences on USD and CHF. A Trump victory could boost the dollar, as it may reintroduce inflationary pressures, paving the way for potential rate hikes and a stronger dollar outlook. In contrast, the Swiss franc may continue to soften, as the Swiss National Bank remains committed to a dovish stance, keeping monetary policy highly accommodative.
If these fundamentals align, USD/CHF could see upward momentum, with 0.88400 as a critical support level for this potential move.
Trade safe,
Joe
GOLD VS BITCOIN Bitcoin is often referred to as digital gold as they are both stores of wealth, but how do the charts compare?
Firstly GOLD has been around for much much longer than BITCOIN so naturally the charts are not comparable in terms of duration and that should be taken into account. Golds PA plays out over a much longer timespan to BTCs but the chart patterns are certainly similar.
We have Golds previous rally peaking in 2011 before falling with a rounded bottom, the exact same as Bitcoins structure from the last bull cycle.
Gold then steadily climbs over the HTF stalling briefly at a bearish orderblock (blue box's) which is the same as BTC. Continues to climb to reach previous ATH before distributing/accumulating with sideways choppy price action.
So cleqarly Gold and Bitcoin share a lot of similarities, where they differ in their charts is what happens after ATH and into price discovery...
Gold continued its rally for a further 32% increase once it broke out above the trend channel/ mini range at the ATH level. Bitcoin is looking to do the same and if successful, price discovery should exceed the 32% increase the gold saw because of the difference in market caps of the two assets.
Gold market cap: $18.3T
Bitcoin market cap: $1.35T
Such a massive difference in market caps means less investment is needed to create the price increase and so I believe 32% is a super conservative estimate but we'll use it as an example for comparison. That would take BTC up to ~$92,000, a more than doable move IMO.
MOTHER Long Spot Trade (Inverse Head & Shoulder Breakout) Market Context: MOTHER is experiencing a surge in momentum as part of the meme season trend, with many meme coins showing significant gains. The price action has confirmed a breakout from an inverse head & shoulder pattern, now retesting the breakout level, offering a solid entry point.
Trade Setup:
Entry: Around $0.072
Take Profit Targets:
First target: $0.085
Second target: $0.091
Stop Loss: Below $0.070
This setup leverages the breakout and retest of a classic reversal pattern, aiming to capture further upside in the current meme coin rally. #MOTHER #MemeSeason
AUD/USD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
AUD-USD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.653 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the AUD/USD pair.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.592 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
TURBO BREAKOUT ALERT: READY FOR A 150-160% SURGE!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
TURBO is showing strong momentum! It’s breaking out of a bull flag formation on the 4-hour chart and has successfully retested the pattern, signaling readiness for a potential 150-160% rally. Accumulate some now and consider adding on any dips.
Entry Range: $0.0092 - $0.0099
Target: 150-160% gain
Stop Loss: $0.0084
This setup shows a powerful bullish trend for TURBO Coin! What are your thoughts on its potential? Share your analysis and insights in the comments below!
S&P500 Is Approaching Key Support Level.Hey Traders, In today’s trading session, we’re keeping a close watch on the US500 for a potential buying opportunity around the 5800 zone. The index is currently trading in an uptrend, but we’re seeing it enter a corrective phase. This correction is bringing it back toward the 5800 support and resistance area, a critical zone that aligns with the broader upward trend.
The 5800 level could serve as a strong entry point, offering an opportunity to join the prevailing uptrend at a favorable price. If price action confirms support at this level, it may signal a potential rally continuation in line with the broader market momentum.
As always, ensure you manage risk and stay cautious in your entries.
Trade safe,
Joe
ETH to $5000ETH looks bullish, it might just shoot up the moment BTC calms down, now it's silently going under everyone's radar while everyone is focused on BTC.
Everyone saying Sol, Sui other nonsense will change ETH. This the most clear entry signal.
ETH ATH coming soon.
INDICATOR USED - 'MONEY PRINTER' my own fresh creation.
DXY Upsides: Bullish Rebound At Key Support ZoneHey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 105.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105.700 support and resistance area.
Trade safe, Joe.
JASMY/USDT: BREAKOUT ALERT! READY FOR A 100% PUMP!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
JASMY is looking promising! It’s breaking out from a falling wedge structure on the daily timeframe and currently retesting, all while holding strong above the 200MA support level. This could signal a solid upside move—consider buying some here and adding more on any dips.
Entry Range: Current Market Price (CMP) and up to $0.0195
Target: 100% Gain
Stop Loss: $0.018
The setup for JASMY Coin looks decisively bullish! What’s your take on it? Drop your insights and analysis in the comments below!
AR Long Spot Trade (Support Zone) Market Context: AR has moved into a key support zone, presenting an opportunity to ladder into a long spot position. This range provides a favorable risk-to-reward ratio if support holds and the price reverses upwards.
Trade Setup:
Entry: Ladder in between $11.00 - $12.75
Take Profit:
First target: $17.50 - $20.00
Second target: $24.00 - $26.50
Stop Loss: Just below $10.00 (daily close)
This setup seeks to capitalize on the support zone for a potential reversal. #AR