BTC.D Long-term SpeculationLooking at this chart objectively, it is currently in a lifelong downtrend and we should now expect a rapid and sustained decline to around 13-17% from where we are now in a wave 3 of 3. This changes if dominance exceeds 63.32% or if the next move down doesn't reach the 1.618 extension and starts to look like the C wave of an ABC correction of an uptrend...
Trend Analysis
HolderStat | BTC bulls leaving the ship?Over the last 3 days, $2.5 billion has been liquidated in the futures market, 83% of which is longs. The BTC price dropped to $96,613 (-4.6% for the week), the fear index dropped 7 points, and outflows from spot ETFs totaled an impressive $680 million.
❌ Is this a signal? No, it's a pattern. Corrections like this “drop off the tourists,” opening up new opportunities for those who know how to act strategically.
Even El Salvador did not flinch under IMF pressure and bought 11 BTC. Their wallet is usually replenished by 1 BTC per day - something is clearly brewing. What have you done?
💡 What to do?
1️⃣ Analyze key support levels.
2️⃣ Watch liquidity: BTC dominance remains high (59%), which confirms interest in the asset.
3️⃣ Evaluate trading volumes on pullbacks.
⚡️ Correction is not a time for panic, but a moment for cold-blooded analysis and precise actions.
_____________________
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The Crypto Space - Clarity Through COINNASDAQ:COIN has had a phenomenal run since the beginning of 2023, currently up about 1,100% within 2 years!
In this Elliott Wave Analysis, I present my view of where I think Coinbase will stall and fall.
So far the sequence is filling up nicely and has presented, those with a keen eye, several opportunities to join the 11x party :)
As per this 2 day chart, I believe we are quite close to completing w3 of w(5) . In terms of EW, the chart is very clean and has been bouncing off Fibonacci support and resistance, for each wave degree, with relative precision.
I would like to see price tag $353 - $375 then drop to $300 - $271 , before proceeding to a new high between $416 - $457 to complete a full five wave sequence from the 2023 lows.
The sell off, thereafter, should be significant and if the space survives will present another opportunity for similar or greater returns during the next cycle.
This should also coincide with a cyclical top across the cryptoverse.
What are your thoughts?
FILECOIN current levels and indicatorsFilecoin targeted the golden pocket and got rejected. after the big move upwards it respected the trendline multiple times and now comes closer to touching it again. slightly bellow the trendline the 50% fib would be a possible support level to bounce off of.
if that doesn't hole I see BINANCE:FILUSDT fall towards the VAH since within this current uptrend there isn't much volume above that.
Given the altcoin season sentiment I think filecoin will bounce either on the trendline or the 50% fib and moves towards 78.6% fib in the short/mid term
How low could BTC drop?Bitcoin prices have dropped sharply over the past three days, making it a tough period for crypto and altcoin holders. At one point, ETH was down 24% from its December 16 high, while Litecoin saw a full 41% drop from its peak.
These sharp declines may encourage some buyers to take advantage of the massive pullback in altcoins, but watching Bitcoin's movements is crucial. When BTC finds a low, the chances of a low in altcoins will be greater.
So, from which level could BTC bottom out?
Since November 12, Bitcoin has been moving within a bullish channel, steadily pushing higher as latecomers joined the rally. However, it has now breached the channel, as the chart shows. And as long as Bitcoin trades below today's high of 98,253, this trendline break remains valid, suggesting the potential for further downside.
So, how low could prices go? A 21% correction from the all-time high is reasonable in a typical bull trend. This would bring Bitcoin's price down to approximately 85,000. If that happens, many latecomers who bought since November 12 would likely be stopped out, potentially allowing the price to stabilize and resume its upward trajectory from that level.
A stronger support level exists at the March and October highs of 74,000. Hopefully, the market won't test this level, which marked the start of the latest rally after the US election.
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Bitcoin (BTC/USD) Analysis – December 21, 2024Bitcoin (BTC/USD) Analysis – December 21, 2024
Overview:
Let’s focus on Bitcoin (BTC/USD). Over the past few weeks, Bitcoin has been pumping steadily, but it now appears to be losing momentum. The market structure has created an imbalance, suggesting a potential decline in the coming weeks.
Trade Idea:
Potential Buy Zone: The price could fall to the marked zone around $73,000.
Entry Timing: Avoid entering immediately when the price reaches this level. Instead, wait for a clear reaction—such as bullish confirmation or upward momentum—before considering a buying opportunity.
Key Considerations:
This setup is similar to the structure seen in the German Index (DE40), which showed comparable behavior before a significant drop. The resemblance in patterns could signal a similar outcome for Bitcoin.
Monitor price action closely in the coming weeks for signs of reversal once the price reaches the anticipated zone.
Risk Management:
Do Not Rush: This is not financial advice. Always wait for clear entry signals before making any decisions.
Stay Disciplined: Protecting your capital is more important than making profits. Use proper stop-loss levels to safeguard your trades.
Trading Requires Patience: A reactive approach is key. Trading is about responding to what the market shows you, not forcing predictions.
Final Note:
Making no money is always better than losing money. Watch Bitcoin closely in the coming weeks, and stay disciplined in your analysis. Let’s see how the market unfolds. See you in the next update!
Is the dump over??as we can see price got back up from 92k... a little more than our target of 99-91k zone...now the question is if it was a pullback or the bulls or back and we're going to attack 100k zone again
I personally gonna keep a little liquidity for the lower prices but not gonna get surpised if we go up
GOLD Analysis and ForecastGOLD is trading around 2,602. bouncing off the low of 2,582. Now the price is above 2,600 which means it could continue its rise in the next few hours and reach the 21 SMA around 2,645.
Technically, XAU/USD is below the key pivot point located at 2,656 which means that it could reach the 200 EMA located at 2,512 in the short term and even reach the psychological level of $2,500.
Our outlook is bearish, so we will look for opportunities to sell below 2,590.
Besides, in case it bounces back to 4/8 Murray, it will be seen as an opportunity to sell.
Technically, we can see that gold has reached oversold levels on the 4H chart.
The gap left at 2,562 remains to be covered. All this means that gold could make a strong fall and then make a sustained technical rebound.
Our trading plan for the next few hours is to sell gold if it falls below 2,590 or buy above 2,600 with targets at 2,645 and 2,656.
Where should we buy DRIFT?It seems that from SW H onwards, DRIFT has entered a correction phase.
It could move downward from the red zone (for wave C). Along with the price correction, there will also be a time correction.
There is a fresh demand zone, where short-term buy/long positions can be considered.
The closure of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EUR-USD Resistance Ahead! Sell!
Hello,Traders!
EUR-USD is making a
Nice bullish correction
After a sharp local flash-crash
But a local horizontal resistance
Level is ahead at 1.0470
So after the retest we will
Be expecting a local
Bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
S&P 500 Reached The Top - Correction UnderwayThe S&P 500 looks to have reached a significant top - being rejected from the 1:1 Fibonacci extension on the Weekly Timeframe.
With other confluence like the rising wedge, high weekly RSI levels, and a decreasing momentum on the MACD, all things point downwards for the stock market in 2025.
The next target would be the blue zone where a potential chance for reversal could occur.
A top in the S&P 500 could also signal tops forming on major stocks like NASDAQ:AAPL , NASDAQ:TSLA , etc. so keep a lookout.
ETHEREUM | 4102$ IS THE KEY!Ethereum (ETHUSDT): Key Level at $4102
The $4102 level is critical for Ethereum’s price action. Here's how I plan to evaluate this zone:
📌 Scenario 1: Entering the Range Hard
If the price manipulates $4102 and enters the range with force, I will look for potential buyer reactions from the blue boxes below. This zone will act as a demand area where buyers could step in.
📌 Scenario 2: Breaking Above $4102
If Ethereum exceeds $4102 with strong, voluminous candles, I will shift focus to the retest of this price level. I will evaluate low time frame upward breakouts for trade opportunities, ensuring confirmation before entry.
🔑 Key Points:
$4102 serves as the decision point for both scenarios.
A clean, voluminous breakout followed by a retest could signal continuation.
Blue box regions remain crucial for spotting potential buyer reactions.
I will remain patient and wait for clean signals in these setups to avoid false moves.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
DOGE/USDT Analysis🚀 DOGE/USDT Analysis 🌟
📉 Support Zone:
We have a strong support zone between 0.25922 and 0.25111. This range represents a key area where buyers are likely to step in and defend the price.
📊 Buying Zone:
The level 0.31236 serves as a buying level. Holding above this level increases the probability of a bullish recovery.
✅ Bullish Confirmation:
The key confirmation level for the upward trend is 0.34477.
💡 A daily candle close above this level 0.34477 will signal a strong breakout, validating the bullish scenario.
🎯 Targets:
1️⃣ First Target: 0.64804 📈
2️⃣ Second Target: 0.84585 💰
🔥 Conclusion:
DOGE is in a critical phase. Watch for a break above 0.34477 to confirm the upward trajectory. Until then, the support at 0.25922–0.25111 and the buying zone at 0.31236 remain crucial levels to monitor.
⚠️ Disclaimer: This is not investment advice. Please conduct your own research and trade responsibly.
📩 For any inquiries or further clarification about this analysis, feel free to contact me privately. 😊
BULLISH BAT HARMONICTake a look at WIF on the 4 hr time frame
We have a nice BULLISH BAT PATTERN.
I would DCA in this area...BAT PATTERNS
are an indication we are about to head
north for new ATH! NOT FINANCIAL
ADVICE!...It's all up to BIG DADDY BTC...
Looks like we are just gonna range between
91k-100k for awhile...will this mean we will
see liquidity flow from BTC into small cap
Alt coins?...good question...with BTC dominance
on the way down...this is a great area to DCA or
a small leverage trade with tight stop loss.
Good luck and....
********* WIF WIF WIF WIF *********
MICROSTRATEGY: Hit the 1D MA50 and bounced, but is it a buy now?MSTR has made a rapid turn from overbought to neutral on its 1D technical outlook (RSI = 48.944, MACD = 14.210, ADX = 17.986) as it reached today a -40% decline from its ATH but eventually hit the 1D MA50 and rebounded. This is the first contact with the 1D MA50 since September 19th. Even though it seems like a strong technical buy opportunity, Microstrategy has had its best buy entries in the last 2 years, under the 1D MA50. As this chart shows there have been 8 such buy signals, so even though the current rebound is tempting, we ideally want to see the price under the 1D MA50 and $300 before issuing a buy signal. Once this is filled, we can target the December 5th High minimum (TP = 400).
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DXY - Potential Start of a Global RallyMonthly chart is not that exiting but daily structural change at range high/resistance is lovely. This is a good level for return of trend before the CPI this week and FOMC next week.
Hope it holds below the resistance and does not get back to 110.
I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
Microsoft - H&S Fake Out to Make Out! 16% Upside🖐️ H5 TRADE - NASDAQ:MSFT
There was to much going on to call out my exact entry on this at the retest area but to be fair I put it on everyone's watchlist a few weeks ago and said a retest would be a perfect entry. This will be different once the H5 Community is up and running as I will have a whole trade alerts channel were I post my trades and buy/sell notis right as after execution!
With this trade we still have over 16% to run upward from here. So, up to you friends! Them and other Mag7 names held up really well during that flash crash and that is very bullish to me! Also, to throw in a learning lesson for all: Just because a charting pattern forms (H&S on MSFT) doesn't mean it's a trade you should enter! Always wait for breakouts and retest! If you struggle with that then you better beat it into your head and tape you hands underneath your desk!
-H5 indicator is GREEN
-Symmetrical Triangle pattern breakout and retest
-Launching off Volume shelf back to ATH and beyond
-Bottom of the two year rising channel
-Williams CB forming and believe we create support next week
I consolidated the account yesterday into the best trades and saw this OLD SAFE n RELIABLE trade and chose to buy some options!
🔜🎯$466
🎯$512
⏲️Before 05May2025
2 Contracts -$420 Calls for May 16th 2025
CB: $40.03 - Currently $43.75
Not financial advice.
TOTAL - Perfect RetestSo far, the total crypto marketcap has added over $200 billion since the low was put in hours ago!
These are early signs of the dip being over after such volume reentered very quickly to scoop up the low prices.
Also, the crypto total marketcap retest its previous 2021 ATH as new support. Macro old resistance being flipped into new support like that is a very very good sign. Shows strong demand in that new range.