#DGB/USDT Ready to launch upwards#DGB
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0111
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.01234
First target 0.01305
Second target 0.01358
Third target 0.1432
BTC-D
BTC ( Bitcoin ) will first need a correctionBitcoin will first need a correction and then continue its upward trajectory.
Given the current situation, it should correct to the highlighted area to evacuate sellers and bring in new buyers.
This support area is quite strong and has the intersection of two strong technical supports.
After that, it will either grow rapidly or, after a little bit of suffering and attracting liquidity from new buyers, it will start to grow incrementally.
If you have followed my ideas, you will see that they always point to the desired point and have a correct prediction trend.
BITCOIN Bearish Breakout! Sell!
Hello,Traders!
BITCOIN has formed a
Bearish flag pattern and
Then made a breakout and
A retest and now we are
Seeing a move down again
So we are locally bearish
Biased and we will be
Expecting a further move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Bullish tendency is broken 101-102K for sellingMorning folks,
So, BTC was not able to stay above predefined support area and drop right back to the daily 92-95K level. It means that existing bullish context on daily chart is done. In general, this is reasonable - we're going to the Xmas Holidays and inauguration. There are a lot of uncertainty with coming D. Trump policy. Especially when JPowell said that the Fed doesn't intend to own any BTC... so inner conflict is ready.
So, retracement might be deeper in nearest month. Since BTC is overextended down a bit, the first thing we expect upside technical bounce, somewhere to 101-102K area. Then, if we're correct in our analysis, downside reversal should happen with potential H&S pattern.
XRP – Bullish Flag Pattern Suggests Further Upside PotentialTechnical Overview:
Bullish Flag Formation: XRP is consolidating within a bullish flag pattern, typically indicative of a continuation of its prior uptrend.
Previous Rally: After surging from $0.60 to nearly $2.80, XRP has demonstrated strength by consistently holding support above $2.40, signaling accumulation rather than distribution.
Key Levels to Watch:
Breakout Point: A breakout above the flag's upper trendline, accompanied by increased volume, could confirm the bullish setup.
Targets:
Initial target: $3.00-$3.20, aligning with measured moves from the flag pattern.
Longer-term potential: Continuation above $3.20 could open doors to further price discovery.
Supporting Factors:
Long-Term Base: XRP’s breakout earlier in 2024 from a long-term base adds strength to the current bullish setup.
Volume Confirmation: Increased trading volume during the breakout would validate buyer interest and bolster the bullish case.
Risk Management:
Key Support: Maintaining support above $2.40 is critical for the bullish thesis. A breakdown below this level could signal invalidation of the pattern.
Conclusion: XRP's bullish flag pattern indicates potential continuation of its prior uptrend. A breakout above the flag's trendline with volume confirmation could set sights on $3.00-$3.20 and beyond, reinforcing Ripple’s strong bullish potential heading into 2024.
Bitcoin - Bitcoin went below $100,000!Bitcoin is below the EMA50 and EMA200 in the four-hour time frame and is trading in its ascending channel. Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way for Bitcoin to decline. Bitcoin sell positions can be looked for in supply zones.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important.
Following hawkish remarks from Federal Reserve Chair Jerome Powell, Bitcoin (BTC) plummeted from its peak of $108,135 on December 17 to below $95,000. Powell’s comments, which signaled the Fed’s ongoing battle against inflation, triggered a sharp selloff in the cryptocurrency market. He indicated that only two interest rate cuts might occur in 2025, as opposed to the four cuts previously anticipated.
Additionally, the Federal Reserve revised its 2025 inflation forecast from 2.1% to 2.5%. Even the 2026 forecast stands at 2.1%, exceeding the central bank’s 2% target. This suggests that inflation could persist for another two years, compelling the Fed to keep interest rates elevated for longer than initially projected.
Bitcoin ETFs, after experiencing 15 consecutive days of capital inflows, saw an unprecedented $680 million outflow on Thursday. This trend continued into Friday, with an additional $270 million withdrawn. Cryptocurrency investors, reacting to the Fed’s decision to slow monetary easing next year, moved substantial capital out of the market.
In the United States, Bitcoin ETFs have surpassed gold ETFs in assets under management (AUM). Despite gold ETFs’ 20-year history, Bitcoin ETFs now manage $129.3 billion, compared to $128.9 billion for gold ETFs.
MicroStrategy, a company renowned for its massive Bitcoin holdings, successfully entered the Nasdaq index. With 439,000 Bitcoins valued at $42.64 billion, the company controls approximately 2% of the total Bitcoin supply. This milestone highlights MicroStrategy’s strong position in the Bitcoin market and has boosted its stock price (MSTR) to $364.20. The company’s innovative strategy of leveraging Bitcoin as a growth asset showcases a unique approach in the financial world.
Bitcoin’s volatility has steadily decreased in recent years. By October 2024, its monthly volatility had dropped to 11%, lower than that of high-profile tech stocks like Tesla (24%), AMD (16%), and Nvidia (12%).
Arthur Hayes, the former CEO of BitMEX, recently shared his outlook on the cryptocurrency market. He predicted a “horrific collapse” around the inauguration of U.S. President-elect Donald Trump on January 20, 2025.
Hayes wrote, “The market believes Trump and his team can deliver immediate economic and political miracles,” but pointed to a gap between investor expectations and the “absence of quick, viable policy solutions.”
Hayes forecasted that implementing changes to cryptocurrency policies would likely take far longer than the market anticipates. He added, “The market will soon realize that Trump, at best, has only a year to execute any policy changes in or around January 20. This realization will trigger a massive selloff in cryptocurrencies and other Trump-related trades.”
He also predicted that a “steep decline” would occur around Trump’s inauguration day, followed by a “crack-up boom phase” in late 2025. This phase, typically seen after financial crises, is characterized by rapid price increases, high inflation, and financial instability.
BTC Analysis for LONG....Asalam.o.alaikum (Hi)! Community,
Hope you all are doing great, and preparing yourself for the chirstmas. So here is the LONG-TERM idea for the BTC according to the 30min timeframe. Market is in the 50% reversal area and keep an eye upon it... Let see the market move.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
22/12/2024
$BTC.D prediction based on the current situation.CRYPTOCAP:BTC.D has been climbing steadily since the start of this bull run.
It’s often said that an altseason begins when BTC dominance drops below 55%. However, the 54% level appears to be a strong support zone, with the MACD showing a low point and the RSI entering oversold territory.
My analysis suggests that BTC dominance has established a range between 59% and 55%. It’s likely to bounce off the top resistance, pushing dominance back toward the support.
If the next drop breaks through this support, it could finally trigger a true altseason.
Bitcoin Mid TermFirst Impression:
The BTC/USD pair appears to have dropped below the $95,000 level and is under selling pressure. Strong support levels are evident in lower regions. The price is retracing toward levels that previously acted as support during bullish moves.
Volume Analysis:
No notable increase in volume is observed on the chart. This could indicate that the current downward move is a low-volume correction or that the market is indecisive. However, if volume increases, the likelihood of the downtrend continuing may rise.
Price Action:
The price is trading around $94,000, showing downward movement. Below, key support levels are visible near $90,700, $88,000, and $85,000. These levels have historically been areas where strong buyers stepped in, making them potential zones for price reactions.
Positive Scenario:
If the price holds at $94,000 and starts a recovery move, it could climb back above $95,000. In this case, $97,500 would be the first target. Sustained movement above this level could push the price back toward the psychological resistance at $100,000.
Negative Scenario:
If the price drops below $94,000, a decline toward $90,700 becomes more likely. A break below this support level could lead to further declines to $88,000 and then $85,000. This scenario would indicate continued selling pressure.
High Probability:
Given current market conditions, it is highly probable that the price consolidates between $90,700 and $94,000 for some time. The balance of buyers and sellers in this zone will determine the direction of the next trend.
Overall:
The BTC/USD pair is trading near a critical support zone. The $94,000 level should be closely monitored; a drop below this level could drive the price toward lower supports. For upward recoveries, $95,000 and $97,500 are the first resistance levels to watch. Strategies should be adjusted based on volume and price action.
WIFUSDT: Long-Term Bullish SetupI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
DogWiFiHat ( KUCOIN:WIFUSDT ): Long-Term Bullish Setup for a Multi-Month Hold
Trade Setup:
- Entry Price: $2.0682 (Activated)
- Stop-Loss: $0.2580
- Take-Profit Targets:
- TP1: $5.6605
- TP2: $10.2864
Fundamental Analysis:
DogWiFiHat ( KUCOIN:WIFUSDT ) is an innovative cryptocurrency project aimed at merging decentralized connectivity solutions with meme-inspired community engagement. With its growing adoption and strategic partnerships in the tech sector, $ KUCOIN:WIFUSDT is creating a niche within the blockchain space. The anticipated market bullishness by May adds further potential for a strong rally.
Recent community-driven campaigns and developments in the ecosystem are expected to enhance its visibility and attract more long-term investors.
Technical Analysis (Daily Timeframe):
- Current Price: $2.0820
- Moving Averages:
- 50-Day SMA: $1.8000
- 200-Day SMA: $1.5000
- Relative Strength Index (RSI): Currently at 63, indicating bullish momentum.
- Support and Resistance Levels:
- Support: $1.9000
- Resistance: $2.5000
KUCOIN:WIFUSDT has broken out of a consolidation phase, supported by strong buying volume. A confirmed breakout above $2.50 will likely drive the price toward TP1 and eventually TP2 as the market enters a more bullish phase.
Market Sentiment:
DogWiFiHat is riding the wave of increasing interest in meme-inspired cryptocurrencies with real-world use cases. With the broader market sentiment turning positive, KUCOIN:WIFUSDT is poised for significant upside potential.
Risk Management:
The stop-loss at $0.2580 provides strong downside protection, while the take-profit targets offer excellent reward potential. TP1 represents a 173% return, with TP2 providing a potential 397% gain for long-term holders.
Key Takeaways:
- KUCOIN:WIFUSDT combines meme culture with real-world utility, making it a unique play in the crypto space.
- The trade setup offers significant upside potential, aligning with market-wide bullish expectations through May.
- Strict adherence to stop-loss and take-profit levels is crucial for managing risk.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Whether it can be supported and rise around 92K-93.5K is the key
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(BTCUSDT 1W chart)
What we need to look at is whether it can touch the MS-Signal (M-Signal on the 1W chart) indicator and rise.
When a new candle is created, it is expected to pass around 83.6K.
Accordingly, the point of interest is whether it will meet the M-Signal indicator on the 1W chart around 87.8K-89K.
The reason is that the StochRSI indicator is showing a downward trend from the 100 point, and if a new candle is created, it is expected to change to a state where StochRSI < StochRSI EMA.
Since the StochRSI indicator is still in the overbought zone, it is likely to rise after receiving support around 92K-93.5K.
-
(1D chart)
The next volatility period is around December 17 (December 16-18).
Therefore, the key is how it will look after this volatility period.
It is currently showing a short-term downtrend, but looking at the overall picture, it is ambiguous to say that it has yet to break out of the sideways zone, so the key is whether it falls below 90586.92.
-
Therefore, we need to check whether it can rise above 95904.28.
If not, it is expected to touch around 92K-93.5K.
In order to turn into a short-term uptrend, it needs to rise above 97821.5-98892.0 to be supported.
Since the Momentum indicator is showing a low, it may lead to an additional decline.
You can see that the Body color of the candle changed to red from the December 20 candle.
This is because the OBV fell below the midpoint.
Therefore, if the Body color of the candle changes back to Green, it can be seen as a buying period.
-
Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Bitcoin: Time To Remove The Party Hats?Bitcoin may be on the verge of compromising the 90K support which I will interpret as a sign that the next broader corrective cycle MAY be beginning (Wave (IV)). IF this is the case, you can remove your Bitcoin 200K party hats for at least a YEAR or two. Gold had a similar outcome a few years back and persisted in a consolidation for two years before it broke out. A corrective cycle does NOT mean Bitcoin is going back to 50K (anything is possible though). It just means a prolonged consolidation may be on the horizon which will provide swing trade and investment opportunities for those who know what to WAIT for.
The arrow on the chart points to the 92K support that is in play at the moment. At as long as 90K is not broken, I anticipate at least one more attempt to test the high. This short term up leg is likely to test the 100K area. IF the higher high (break of 108) does not culminate from the next price advance, then it would be wise to reduce risk, lock in profits and LOWER expectations until bullish short term price structure can rebuild itself.
IF 90K is broken, the next inflection point on this time frame is the 86K area. Great profit objective for those bold enough to short this thing. If 86K is cleared, then its the low 80K area. Again this is one scenario of countless, the key is confirming the price action that supports this possibility, NOT to expect it. This is NOT a forecasting game, it is a interpreting and adjusting game.
With the major holiday week on the horizon, it would be best NOT to expect a LOT of action. Volume typically declines, and movements become very muted or you can get slow grinds that just stubbornly persist to some key level. Either way, it is usually best to avoid such markets, ESPECIALLY if you look at smaller time frames.
As far the the highs at 108K, anyone that bought anywhere above 100K is NOW at the mercy of the market. This is why I always warn my followers about buying into highs. Chances are you won't take your profits when the peak unfolds because you won't know its the peak until WAY after the fact. When I hear about people who have NO idea what Bitcoin is, now interested in "investing" in it, that screams THE PARTY IS OVER, for now. The best times to get in are usually when no one is paying attention, and for Bitcoin and the alt coins, that seems to take about a year or two from the peak. If you can't take the heat, don't play with fire (or Bitcoin).
Thank for you considering y analysis and perspective.
Ethereum to 10KMy estimate is that Ethereum will drop more in the short term along with the altcoin market as a whole, towards some form of a liquidity sweep of the lows (yellow, because it is the next support area) before reclaiming the macro range eq (green). If this happens, I'd expect a consolidation near the range highs (Red), otherwise if it becomes an expedited recovery then we straight push all time high (very possible). This is ESPECIALLY expedited if we recover the EQ faster than this chart suggests.
This is not a chart to display my time-prediction, but rather the structure of price I would predict on a macro scale which could easily be translated into a weekly timeframe.
Question is, how low can we get involved for? I think we are short on time for that, as this prediction would give us traders more time than likely warranted. Remembering, we could be due for weeks of consolidation, therefore I personally DCA every chance I get; dollar cost average.
If you compare this chart to, say, Bitcoin in 2016, the similarities are surreal. This is a macro (long time frame) consolidation before a major, major , expansion, in my opinion.
Trade safely, trade wisely.
Vatsik
What currencies are Trend 2025?hello friends
This altcoin, which is active in the field of DEFI and can grow well in 2025, is now in a good range with the correction it has made, so it is a step to buy.
The second step is the lower range that we specified for you.
Note that DEX tokens can experience good growth in 2025.
So be sure to have it in your basket.
Be successful and profitable.
BTC/USDT: Rising Channel Pattern | Critical Support TestBINANCE:BTC/USDT - 4H TIMEFRAME 🎯
CURRENT ANALYSIS:
━━━━━━━━━━━━━━━━
✦ CURRENT PRICE: $95,921.70 (-1.21%)
✦ CHANNEL SUPPORT: ~$92,500
✦ CHANNEL RESISTANCE: ~$114,000
✦ KEY TIMEFRAME: 4H
TECHNICAL STRUCTURE:
━━━━━━━━━━━━━━━━
1. CHANNEL FORMATION:
• Price trading within ascending channel
• Strong support at lower channel boundary
• Upper boundary showing resistance
2. PRICE ACTION FORECAST:
• Potential volatility increase ahead
• Projected movement (white line):
- Initial bounce to $105,000
- Further rise to $114,000
- Possible reversal back to support
3. CRITICAL LEVELS:
• Major Support: $92,500-$95,000
• Key Resistance: $107,000-$108,000
• Channel Top: ~$116,000
TRADING IMPLICATIONS:
━━━━━━━━━━━━━━━━
SHORT-TERM OUTLOOK:
• Channel boundaries providing clear trading ranges
• Current price testing support zone
• Volatility expected to increase
RISK FACTORS:
• Break below channel support (~$92,000)
• Increased selling pressure at resistance
• Market sentiment shifts
KEY OBSERVATIONS:
━━━━━━━━━━━━━━━━
• Price currently testing critical support
• Channel structure remains intact
• Projected movement suggests volatility ahead
• Trading volume will be crucial for confirmation
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
This technical analysis is for educational purposes only. Always manage risk appropriately and never trade more than you can afford to lose.
#Bitcoin #BTC #TechnicalAnalysis #CryptoTrading #TradingView
Tags: @TradingView
PEOPLE Reversal Setup at Channel Bottom | 100% Potential Return
BINANCE:PEOPLE/TETHERUSHTTPS - 4H TIMEFRAME 🎯
SETUP STRUCTURE:
━━━━━━━━━━━━━━━━
✦ ENTRY: $0.03578
✦ TARGET: $0.07380
✦ STOP LOSS: -3% Below Entry
✦ RISK:REWARD: 35:1
✦ TIMEFRAME: 4H
✦ POSITION TYPE: SWING TRADE
TECHNICAL CONFLUENCE:
━━━━━━━━━━━━━━━━
1. PRICE ACTION:
• Descending Channel Bottom Test
• Multiple Timeframe Support Zone
• Previous Strong Demand Area
2. MARKET STRUCTURE:
• 6-Month Downtrend Exhaustion
• Potential Double Bottom Formation
• Clear Volume Profile Support
3. KEY CATALYSTS:
• Oversold RSI Divergence
• High-Volume Accumulation Zone
• Strong Historical Support Level
TRADE MANAGEMENT:
━━━━━━━━━━━━━━━━
ENTRY STRATEGY:
• Scale in between $0.03578-$0.03600
• Initial position: 40% of total size
• Add on first confirmation: +30%
• Final add on trend confirmation: +30%
TAKE-PROFIT STRATEGY:
TP1: $0.05000 (25% of position)
TP2: $0.06200 (50% of position)
TP3: $0.07380 (25% of position)
INVALIDATION:
• Break below support with volume
• Loss of 4H market structure
• Failure to hold entry zone after 4H
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
Trading involves substantial risk of loss. This analysis is for educational purposes only and should not be considered as financial advice. Always conduct your own research and trade responsibly.
#USDT #TechnicalAnalysis #Trading #CryptoTrading #SwingTrading
Tags: @TradingView
BTC/USDT: Breaking Free from a Descending Broadening WedgePattern Breakdown:
Descending Broadening Wedge:
Characterized by lower highs (LH) and lower lows (LL), this pattern reflects increasing volatility and a potential exhaustion of selling pressure.
Historically, these patterns often resolve to the upside as buyers reclaim control.
--------------------------------------
Current Structure:
BTC has bounced from the lower boundary of the wedge, showing signs of a bullish reversal.
The price action aligns well with the theoretical breakout strategy depicted in the diagram, highlighting a high-probability long setup.
--------------------------------------
Key Levels to Watch:
Immediate Resistance: The upper boundary of the wedge around $98,000 serves as the first hurdle.
Breakout Target: A successful breakout above $98,000 could push BTC toward the highlighted supply zone at $101,200-$102,000.
Support Levels: Critical support rests near $93,500, where bulls need to maintain control to preserve the bullish outlook.
--------------------------------------
Momentum Indicators:
Volume: A noticeable decline during the wedge's formation suggests consolidation, often preceding a strong breakout.
Relative Strength Index (RSI): The RSI is turning upward from oversold levels, signaling increasing buying pressure.
--------------------------------------
Trade Setup:
Entry: Watch for a confirmed breakout above $98,000.
Targets: The first target lies at $101,200, with the potential for further upside toward $105,000 if momentum sustains.
Stop Loss: A break below $93,500 invalidates the bullish scenario.
Bitcoin BTC Has Almost Finished Correction: Huge Gains Ahead!Hello, Skyrexians!
We hope you made a right decision when received the warning sign by our Bullish/Bearish Reversal Bar Indicator from our previous Bitcoin analysis . Now we see that this correction is happening right now and there is some space to go down more but not that much as you may be think.
Let's take a look at the daily BINANCE:BTCUSDT chart. We can see that our indicator has printed the red dot at the top of the wave 3. After that this dump has been started. This is wave 4 and it has the clear target between 0.38 and 0.5 Fibonacci levels. Therefore we can conclude that max target which price can reach before the reversal is 84k, but it's more likely the reversal will happen earlier, at $89k.
When correction will be finished we can expect the wave 5 with the optimistic targets between $120k and $140k. Here is nothing change from the last analysis. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Best regards,
Skyrexio Team
___________________________________________________________
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BTC ONE MORE DIP THEN UPI don't believe the correction is over.
Probabilities suggest a 20% correction is likely.
This coincides with significant trend line retest + Value area high of impulse wave + fractal from previous bear market.
85-89k BTC is coming.
Don't say I did not warn you.
I will buy the dip in alt coins.
Little Ethereumhello friends
Considering the higher floors that this token has reached and the growth that it has had, it has now corrected to half of its upward movement, which is an opportunity to buy a step, and in case of further correction, the second step is determined...
We have drawn the targets for you in order.
Note that this currency moves with Ethereum and its main growth has not yet started...
Be successful and profitable.