1-BTCUSD
#BTC Potential Long Setup
looking at the Volume increasing now and the Breakout of the Value Area High with Confluences also from the WVAP i personally could now imagen that this Drop what we had was the last Drop for now to catch everything deeper.
i will take a Risk and it is my Personal thought that we will see those Targets on BTC:
📈 Entry CMP : 101164
🛑 SL: 97993
🎯 Target 1: 105710.5
🎯 Target 2: 112919.0
🎯 Target 3: 124707.0
🎯 Target 4: 136410.0
🎯 More TP: 140k - 150k
also do your own Reseach this is my own idea.
Cheers to all and happy Trading.
ETH RSI Bearish Divergence? Daily TimeframeThe relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of an asset's recent price changes to detect overbought or oversold conditions in the price of said asset.
In addition to identifying overbought and oversold assets, the RSI can also indicate whether your desired asset may be primed for a trend reversal or a corrective pullback in price. It can signal when to buy and sell.
The RSI will oscillate between 0 and 100. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition.
The RSI is one of the most popular technical indicators. I intend to offer a fresh spin.
Adapted RSI w/ Multi-Asset Regime Detection
Our Adapted RSI makes necessary improvements to the original Relative Strength Index (RSI) by combining multi-timeframe analysis with multi-asset monitoring and providing traders with an efficient way to analyse market-wide conditions across different timeframes and assets simultaneously. The indicator automatically detects market regimes and generates clear signals based on RSI levels, presenting this data in an organised, easy-to-read format through two dynamic tables. Simplicity is key, and having access to more RSI data at any given time, allows traders to prepare more effectively, especially when trading markets that "move" together.
How we calculate the RSI
First, the RSI identifies price changes between periods, calculating gains and losses from one look-back period to the next. This look-back period averages gains and losses over 14 periods, which in this case would be 14 days, and those gains/losses are calculated based on the daily closing price. For example:
Average Gain = Sum of Gains over the past 14 days / 14
Average Loss = Sum of Losses over the past 14 days / 14
Then we calculate the Relative Strength (RS):
RS = Average Gain / Average Loss
Finally, this is converted to the RSI value:
RSI = 100 - (100 / (1 + RS))
snapshot
Key Features
Our multi-timeframe RSI indicator enhances traditional technical analysis by offering synchronised Daily, Weekly, and Monthly RSI readings with automatic regime detection. The multi-asset monitoring system allows tracking of up to 10 different assets simultaneously, with pre-configured major pairs that can be customised to any asset selection. The signal generation system provides clear market guidance through automatic regime detection and a five-level signal system, all presented through a sophisticated visual interface with dynamic RSI line colouring and customisable display options.
Quick Guide to Use it
Begin by adding the indicator to your chart and configuring your preferred assets in the "Asset Comparison" settings.
Position the two information tables according to your preference.
The main table displays RSI analysis across three timeframes for your current asset, while the asset table shows a comparative analysis of all monitored assets.
Signals are colour-coded for instant recognition, with green indicating bullish conditions and red for bearish conditions. Pay special attention to regime changes and signal transitions, using multi-timeframe confluence to identify stronger signals.
How it Works (Regime Detection & Signals)
When we say 'Regime', a regime is determined by a persistent trend or in this case momentum and by leveraging this for RSI, which is a momentum oscillator, our indicator employs a relatively simple regime detection system that classifies market conditions as either Bullish (RSI > 50) or Bearish (RSI < 50). Our benchmark between a trending bullish or bearish market is equal to 50. By leveraging a simple classification system helps determine the probability of trend continuation and the weight given to various signals. Whilst we could determine a Neutral regime for consolidating markets, we have employed a 'neutral' signal generation which will be further discussed below...
snapshot
Signal generation occurs across five distinct levels:
Strong Buy (RSI < 15)
Buy (RSI < 30)
Neutral (RSI 30-70)
Sell (RSI > 70)
Strong Sell (RSI > 85)
snapshot
Each level represents different market conditions and probability scenarios. For instance, extreme readings (Strong Buy/Sell) indicate the highest probability of mean reversion, while neutral readings suggest equilibrium conditions where traders should focus on the overall regime bias (Bullish/Bearish momentum).
This approach offers traders a new and fresh spin on a popular and well-known tool in technical analysis, allowing traders to make better and more informed decisions from the well presented information across multiple assets and timeframes. Experienced and beginner traders alike, I hope you enjoy this adaptation.
#BTC/USDT Urgent Update!BTC experienced a correction, but it can be seen as just a minor dip compared to the carnage in altcoins.
This kind of surprise is bound to happen along the way. One thing is certain: Bitcoin is far from done, and altcoins haven't even begun to show their real potential.
Looking at the chart, BTC held the support and looks ready for a new ATH.
As long as $90k holds, BTC will likely hit $110- $115k.
Dyor, this is not financial advice.
If you decide to exit now, the only thing you'll likely do in a few months is regret it. Plan wisely.
I will be posting more updates on this week.
If you agree, please click the like button and share your views in the comment section.
Thank you
#PEACE
Bitcoin's Critical Juncture: A $100K Test or a Bearish Turn?
Bitcoin, the world's largest cryptocurrency, has recently reached a critical juncture. Its price action has formed a key support level that bulls must defend to maintain the upward momentum and potentially pave the way for a new $100,000 price push.
A Pivotal Support Level
After a period of consolidation and recent price volatility, Bitcoin has found support at a significant level. This level acts as a crucial line in the sand for the cryptocurrency. If bulls can successfully defend this support, it could signal renewed bullish sentiment and potentially trigger a fresh rally towards the coveted $100,000 price target.
Bullish Resilience
Despite facing headwinds from broader market volatility and regulatory uncertainty, Bitcoin bulls have shown remarkable resilience. The recent bounce from the key support level underscores this bullish sentiment. It demonstrates the underlying strength of the market and the unwavering belief of many investors in Bitcoin's long-term potential.
A Glimpse into the Future: A Golden Warning
However, a closer look at Bitcoin's performance relative to gold raises some concerns. By analyzing historical price patterns, a potential bearish fractal has emerged. This fractal, when compared to previous market cycles, suggests that Bitcoin may be due for a significant correction, potentially as much as 35%.
This bearish signal stems from the fact that Bitcoin's price against gold has reached resistance levels that historically coincided with the start of bear markets in 2018-2019 and 2021-2022. While this fractal analysis provides a valuable perspective, it's essential to remember that market conditions can change rapidly, and past performance is not indicative of future results.
The Road Ahead
The coming weeks and months will be pivotal for Bitcoin's price trajectory. If bulls can successfully defend the key support level and maintain the upward momentum, a new $100,000 price push could be on the horizon. However, if the bearish fractal plays out, a significant correction may be inevitable.
It's crucial to approach Bitcoin investing with a long-term perspective and a risk management strategy. The cryptocurrency market is inherently volatile, and price fluctuations are to be expected. By staying informed, conducting thorough research, and diversifying investments, investors can navigate the complexities of the market and position themselves for potential rewards.
Key Takeaways:
• Bitcoin has reached a critical support level that bulls must defend.
• A successful defense could trigger a new $100,000 price push.
• A bearish fractal suggests a potential 35% correction.
• The cryptocurrency market is highly volatile, and price predictions are uncertain.
Additional Considerations:
• Macroeconomic Factors: Global economic conditions, interest rate policies, and geopolitical events can significantly impact Bitcoin's price.
• Regulatory Environment: Regulatory positive and negative developments can influence investor sentiment and market dynamics.
• Technological Advancements: Ongoing technological advancements in the blockchain space can drive innovation and adoption, positively impacting Bitcoin's long-term prospects.
By carefully considering these factors and maintaining a balanced approach, investors can navigate the complexities of the cryptocurrency market and position themselves for potential rewards.
Bitcoin is still a bullish rocket!This analysis is an update of the analysis you see in the "Related publications" section
It has reached the green zone and appears to be accumulating orders.
By holding the green zone, it could reach the targets of 120k - 169k - 250k in the mid-term.
A weekly candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
bull came backso it was clear now that the previous chart was consolidation chart with no regular pattern.
unless we break 94k areal or 93k. we are in bullrun.
I guess untill we see trump in white house we can think we are still in bullrun.
I see a lot of good news with xrp for stable coin on it. and i think eth should pump up more.
i was thinking to not post more for short terms analysis but it looks like at least one person is watching them and like them.
just to give you an idea how to look at my analysis. you can check my social media channels.
to learn more about elliott wave patterns, sfp, fib.. and so on.
so if someone watching i am gonna post things. and try to join the partners in my social channels so that I can continue with analysis. and put some comment if you liked it.
BTC LONG TP:101000 10-12-2024Bitcoin long position targeted at the 101k zone, with entry points between 93,500 and 95,000. Stop loss placed below 92,500. This setup is based on a 1-hour timeframe, but the expected move could take up to 48 hours to play out. Remember, the entry points, stop loss, and take profit levels are just suggestions - feel free to adjust them to fit your own trading strategy. Stay vigilant and manage your risk carefully. #Bitcoin #Trading
BTC LONG TP:101000 10-12-2024Bitcoin long position targeted at the 101k zone, with entry points between 93,500 and 95,000. Stop loss placed below 92,500. This setup is based on a 1-hour timeframe, but the expected move could take up to 48 hours to play out. Remember, the entry points, stop loss, and take profit levels are just suggestions - feel free to adjust them to fit your own trading strategy. Stay vigilant and manage your risk carefully. #Bitcoin #Trading
BTCUSDT holding strong above $94,700!!Join our community and start your crypto journey today for:
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze BTCUSDT on lower time frame:
BTCUSDT is currently consolidating within a specific pattern. While bears have attempted to pull the price lower, the $94,700 support level has held strong. Bitcoin is gradually moving towards the upper resistance level of $98,500.
Key support zones:
Current support: $94707
Current resistance: $98500
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Happy Trading!!
Market Anomaly Detector (MAD) Paid IndicatorMy another powerful indicator.. still in testing phase.. giving amazing signals to capture from the bottom or the top.. so right now BTC is super bullish but if its a trap market reverses, we'll get signal from the top...99702 is right now the upper band, and if market closes below it, we'll get another signal. when background is green, its a buy as well, and when its red, its a sell.. grey area is the expected price range. it can travel between upper and lower band if remains grey.
Performance of my sentiment cycle indicator (PAID)“Discover the power of the Sentiment Cycle Indicator! With its ability to pinpoint bullish and bearish trends, avoid sideways markets, and capture major market moves like 4,400 and 2,400+ points, this tool is a game-changer for traders. Don’t just take our word for it—test it yourself and see how it can enhance your trading decisions. Whether you’re a beginner or a seasoned trader, this indicator is designed to give you the edge. Start your journey to smarter trading today!”
Signal Accuracy: The green (buy) and red (sell) markers show precise entry and exit points in alignment with the sentiment cycles.
Sideways Market Filtering: The “no trading zone” effectively filters out signals during non-trending phases, preventing unnecessary trades.
Bitcoin - Preparing For Another +200% Rally!Bitcoin ( BITSTAMP:BTCUSD ) is just starting a major bullrun:
Click chart above to see the detailed analysis👆🏻
Bitcoin rallied more than +40% in November and despite the recent bullrun and the all time high breakout, Bitcoin is just starting its next major bullish cycle. Looking at previous price and trend behaviour, it is quite likely that Bitcoin will eventually retest the top of the channel.
Levels to watch: $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
VIRTUALUSDT: Strategic Entry into AI-Driven Metaverse TokenVirtuals Protocol ( KUCOIN:VIRTUALUSDT ): Strategic Entry into AI-Driven Metaverse Token
Trade Setup:
- Entry Price: $1.586
- Stop-Loss: $1.421
- Take-Profit Targets:
- TP1: $1.927
- TP2: $2.333
Fundamental Analysis:
Virtuals Protocol is an innovative cryptocurrency aiming to revolutionize virtual interactions through its AI and Metaverse protocol. It serves as the infrastructure layer for co-owned, human-curated, plug-and-play gaming AIs, positioning itself at the forefront of integrating artificial intelligence with immersive virtual environments.
Technical Analysis:
- Current Price: $1.64
- Moving Averages:
- 50-Day SMA: $1.50
- 200-Day SMA: $1.20
- Relative Strength Index (RSI): Currently at 70, indicating overbought conditions.
- Support and Resistance Levels:
- Support: $1.50
- Resistance: $1.80
Market Sentiment:
The cryptocurrency market is experiencing renewed interest, with Virtuals Protocol standing out due to its innovative combination of AI and Metaverse elements. Its recent listing on major exchanges like Gate.io has increased its visibility and trading volume.
Risk Management:
Setting a stop-loss at $1.421 helps mitigate potential losses, while the take-profit targets of $1.927 and $2.333 offer favourable risk-reward ratios. Given VIRTUAL's volatility, strict adherence to these levels is crucial.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*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.*
ACTSOL/USDT: Strategic Entry Amidst AI and Meme Coin SynergyAct I: The AI Prophecy (ACTSOL/USDT): Strategic Entry Amidst AI and Meme Coin Synergy
Trade Setup:
- Entry Price: $0.57023
- Stop-Loss: $0.41617
- Take-Profit Target: $1.26514
Fundamental Analysis:
Act I: The AI Prophecy (ACTSOL) is a pioneering project that blends artificial intelligence with meme coin culture, aiming to create a unique ecosystem within the rapidly growing Solana network. Since its launch on October 26, 2024, ACTSOL has garnered significant attention, achieving a remarkable gain of over 12,000% shortly after its debut.
Technical Analysis:
- Current Price: $0.61294 (as of December 5, 2024), reflecting a 5.65% increase in the past 24 hours.
- Moving Averages: The 50-day Simple Moving Average (SMA) is at $0.550, and the 200-day SMA is at $0.500, indicating a bullish trend.
- Relative Strength Index (RSI): Currently at 65, suggesting that ACTSOL is approaching overbought territory.
- Support and Resistance Levels:
- Support: $0.500
- Resistance: $0.700
Market Sentiment:
The cryptocurrency market is experiencing renewed interest, with ACTSOL standing out due to its innovative combination of AI and meme coin elements. Its recent listing on major exchanges like KuCoin and HTX has increased its visibility and trading volume.
Risk Management:
Setting a stop-loss at $0.41617 helps mitigate potential losses, while the take-profit target of $1.26514 offers a favourable risk-reward ratio. Given ACTSOL's volatility, strict adherence to these levels is crucial.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*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.*
SPY/QQQ Plan Your Trade for 12-11: Flat Down PatternToday's pattern suggests the markets will slide downward after the CPI data came in as expected.
I believe the markets are going to roll into an Excess Phase Peak pattern over the next 5+ days - setting up a big potential downward price swing (the Anomaly Event) before the end of 2024.
Gold is moving into a CRUSH pattern today. We may see a very big price move (I suspect higher) today as traders move to hedge weakness and market concerns globally.
Bitcoin recently set a new lower low, showing us that the dominant trend is Bearish.
Bitcoin set up another potential Excess Phase Peak pattern, totaling four current Excess Phase Peak patterns in this broad sideways consolidation range.
The breakout, either to the upside or downside, in Bitcoin could be very explosive.
Remember, we continue to trade into a low liquidity price trend throughout the end of 2024. So stay cautious and stay aware of the risks for the Anomaly Event.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold