UPCOMING SIL TREND BREAK
Downward trend since late October with 3 (almost 4) touch points. A break could have a close enough upward support to justify a low risk long entry. Lots of upward room before reaching a level of support and resistance. Would need an additional touch point or more time to justify a short entry on a downward break.
Trend Analysis
BTCUSD STRONG BULLISHThe BTCUSD buy trade entry level is set at 96,300, where you should initiate the position 📈. The target level for this trade is 107,500, aiming for a significant upward price movement 🚀. The stop loss is placed at 94,300 to protect against potential losses if the market moves against the position ⚠️. This trade offers a favorable risk-to-reward ratio based on the expected price increase 💹. Always ensure to adjust the position size according to your risk management strategy while monitoring the market conditions 📊.
Trading Analysis: The BTCUSD trade aligns with a bullish market outlook, targeting a strong price move.
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My TOP10 project list - pick number 1/10 - GFALAs I dropped WTK from my list, I will replace it with a different project:
GFAL Games for Living is a 30 M MarketCap gaming project (FDV 85 M).
I chose is because of the remarkable Team (Trip Hawkings, Founder and former CEO of Electronic Arts is on the board).
The project is well funded and in April 2024 had a seed round of 3.2 M with Supercell.
Supercell are the makers of 'Hay Day' ; 'Brawl Stars' and 'Clash of Clans', some very prominent games that have earned millions of dollars !
The entry is perfect:
1 Start of the Bitcoin Dominance breakdown (confirmed)
2 Start of the Altcoin bull run (confirmed by major tokens breakout)
3 Price at an 18 month low
4 Huge 8 months bullish divergence on the RSI (price red, rsi green)
5 Break out of the yellow descending channel on September 2024
6 Break out of the bullish descending wedge in the making
7 The actual price entry corresponds to the double of the seed round price (0.004$)
The only downside is that it is an ERC20 token, wich I dislike.
However I own it on the Binance chain, which makes me more comfortable, especially with the fees.
I am very bullish on GFAL and expect great rewards of this token.
HBAR potential risk of -80%HBAR shows signs on the 4H and 1D timeframe of a potential risk of -80% price decline due to a double top formation. BTC price goes down (see my other chart) HBAR will probably will go down too. I see many crypto's on my watchlist showing signs of a potential big price decline. In stead off all the positive messages in the media. So be carefull. Really strong bullish trends are not confirmed yet for none of the crypto's on my watchlist.
XRP in Overbought Conditions: Just Be CarefulXRP in Overbought Conditions: Just Be Careful
XRP is nearing the completion of a bearish harmonic pattern. I am sharing this analysis as a warning that it could potentially move down from this zone.
It's a very risky assumption because the entire crypto market is focused on the Trump Inauguration. However, considering this pattern, we cannot ignore it, at least to consider taking partial profits or being cautious about any possible crash and taking further steps.
It is not recommended to sell if you believe it may continue to rise, but it's better to know where the price may react.
XRP found a strong resistance zone between 3.5 - 3.53. The price may test the entire zone and could also take a pause before this pattern shows bearish signs.
If the bearish correction begins, it may unfold as shown in the chart.
You can find more details in the chart.
Thank you!
BTC1! short idea with open gap fill and catching a quick longAs you might know, open gaps have a fill-rate of 90-95%. Additionally the open CME-gap (1W-basis) has much confluence with important technical levels for support and it lies in the middle of two zones where enormous amounts of USDT-inflows came into the market.
1. the 2024-range (Q1 - Q3)
2. the 2025-range (Q1 at least)
Where the new neckline also is, the new support that became resistance appeared. It might also be a good strike for smart money to know that above the biggest orderblock of 2024 support has developed more strength and consequence. So why you don't give it a try to retest it?
Here a maximum of buying pressure should lead to a strong bounce of BTCUSD towards a new alltime-high, if and as long as global liquidity rises again. But if not, at least inflation should do half of the bullish job for BTCUSD and a "sideways up" would be my - historically BIASed - expectation.
It begins with a shorter short. In the end it might be a very, very quick longer long because of my expectation of rising buying pressure with huge volume delta for the bulls below 78k.
LONG LONG LONG? No, it's shortOver the past few months, 9 out of 10 setups on TradingView have been long positions, even the charts are almost same with just an arrow to 2-3-4-1000x ;D
They're fooling you like goys, yet you still boost those ideas more, while short setups get laughed at with silly emojis
In the end, though, I'm the one laughing :)
BITCOIN The minimum target of this Cycle is $185kIf you follow us for long, you know that we are very fond of using Fibonacci levels on Bitcoin (BTCUSD) Cycles in order to project future tops and bottoms. Today is one of those analyses, in fact it is a strong variation of the following Inverse Head and Shoulders call:
As you can see, that was based on the condition that BTC would make a first hit and rejection on the 0.786 Fib retracement and then (as it happened on the previous Cycle) would go for a Cycle Top on the 2.0 Fibonacci, which gives us a $165k Target.
Since the 0.786 Fib never really offered the rejection of the previous 3 Cycles, we are introducing a variation model with new parameters.
We take the Fib extension from the bottom of each Cycle to the moment it made contact with the 1W MA50 (blue trend-line). As you can see by applying these conditions, every Cycle since BTC's inception has hit at least the 5.0 Fibonacci extension, with all Cycles in fact making a perfect Top there with the exception of 2017, which even exceeded it.
As a result, we can claim that this Cycle will have a minimum peak at $185000.
How realistic do you think this is for the 'bad case scenario'? Feel free to let us know in the comments section below!
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$ONDOUSDT Poised for a $HBAR-Style Surge! 5x Incoming!Time to get back into $ONDOUSDT.
Simple reaction at mid-level. It needs to reclaim the yearly open to set up a safer trade by the end of the month.
In case things decide to flush a little (but not looking that way for now), I’ve placed a bid below $1.
I expect this to stay above the dollar zone, aiming for $2.6 and $10 by May.
So, who's with me on this one? Are we not excited to see a CRYPTOCAP:HBAR -type move? Hopefully! 😊
GOLD: Is Gold About to Lose Its Bullish Momentum? Is Gold About to Lose Its Bullish Momentum?
The bullish trend is still intact
From our first analysis on January 6th, gold has unfolded as expected. Currently, gold has reached 2700, a strong psychological level. If the price manages to hold above this zone, the bullish trend may continue.
However, caution is necessary as gold has been rejected several times near 2720, which corresponds to the completion of a larger pattern and a strong structure zone from the past.
You may watch the analysis for further details!
Thank you:)
DeGRAM | GOLD correction in the channelGOLD is in an ascending channel between the trend lines.
The price is moving from the resistance level and the upper boundary of the channel.
We expect the correction to continue after consolidation under the dynamic support.
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Lingrid | EURCAD shorting OPPORTUNITY at the KEY zoneThe price perfectly fulfilled my last idea. It hit the target. FX:EURCAD is forming ABCD move on the 4H timeframe. The price dropped from this area and it might act as key resistance. If the market manages to push higher toward the 1.48500 level or even above, it could be a opportunity to short alongside the bearish trend by a liquidity grab, where the market takes out stops and attracts sellers before reversing. If price shows signs of rejection at these higher levels—especially if we see bearish pinbar or other confirmation signals—there is a strong possibility of a significant bearish move following that rejection. My goal is support zone around 1.47910
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | TONUSDT anticipating a BREAKOUT to the UpsideOKX:TONUSDT market made a false breakout of the previous week's low. Currently, the price is testing the downward channel border, suggesting a potential breakout in the market. On the daily timeframe, the multiple downside spikes indicates buying pressure from support levels, which could be sign of a potential shift in market sentiment. I think the market may consolidate around this level and potentially break upwards from here, starting from next week. Looking left, there was a bullish move before from the support zone at 5.38-5.40. This area may serve as a foundation for a renewed bullish movement, potentially leading to a bull run. My goal is resistance zone around 5.730
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻