BTCUSD ShortLiquidity swept, Double top London session. Trend is bearish imo. Aiming for asian Low liquidity
1-BTCUSD
December 10 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
No Nasdaq indicators announced today.
I created a strategy based on the Nasdaq pattern and Tether dominance vertical decline conditions.
*When the blue finger moves,
It is a two-way neutral
Long->Short->Long switching strategy.
1. Pursuit purchase at $97,533 / Stop loss price when the green support line breaks
2. Target price in the order of $100,201.5 long position 1st target -> Top -> Good
The final return section is
Autonomous long position switching according to real-time movement
Please note that the 12-hour chart MACD dead cross pressure on Nasdaq is the key.
Ignore Nasdaq and follow the trend strategy.
If the 2nd section breaks out today,
It looks good to wait long at the bottom,
The pink resistance line of the 1st section at the top / green support line, the 2nd section
Convergence section is a sideways market.
The Good at the top, the Bottom section at the bottom
Moves within a small box.
It looks like the direction will come out from the breakout or breakout.
If the strategy is successful, it would be good to aim for minor altcoins that have not yet been pumped.
Up to this point, please just refer to and use my analysis
I hope you operate safely with principle trading and stop loss prices.
Thank you.
The last bullish chance of BITCOIN in short term!After this heavy drop, BITCOIN has now formed an ascending triangle in the 1-h time frame, which could be a sign of a bullish trend. Please note that this analysis is in the 1-h time frame.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FET/USDT LONGFET/USDT
After a major CHoCH and then a major BOS, it has been able to fully confirm its long-term upward trend, making it a good entry point for this cryptocurrency.
Dogecoin to do stop-hunt and bounce back near to ATH levelBased on the current level consolidations followed by breakout, it pulled lot of new investors hoping that it will give a dream bull-run to become rick quickly. Though the bull-run is inevitable, the market will definitely shakeout this new investors by doing a stop-hunt before it continue on its uptread is very likely! There is a double-bottom below which whales can hunt SLs before moving up further.
BITCOIN This is why $250k is a Cycle Top candidateBitcoin (BTCUSD) is now cruising on the Bull Cycle's most aggressive phase, the Parabolic Rally. We got the final confirmation as it broke above and now established the 1st Standard Deviation from Above (grey trend-line) of the Mayer Multiple Bands (MMB) as the new Support.
Having already broken above the previous All Time High (ATH) Resistance, every time BTC flipped the 1st SD into Support while above the ATH, it hit at least the 2nd SD (orange trend-line) before the Cycle Top was priced. This level is currently at $181700 but rising along with the trend
What adds a more specific dynamic to the potential Cycle Top though, is that during Bitcoin's 11-year Higher Lows trend-line growth, it posted rallies of at least +1719% on each Cycle. As the Cycles progressed and due to the Law of Diminishing Returns, this rally started lower each time.
This shows the great significance of this rally and as a result, on the current Cycle with can estimate from its very bottom (November 2022). This suggests that we can reach at least $250k before or around the time the 2nd SD is tested. In addition, all Cycles have topped after the 1M RSI makes contact with its historic Lower Highs trend-line.
So what do you think? Is $250k a strong candidate for a Cycle Top? Feel free to let us know in the comments section below!
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BTCUSD TECHNICAL ANALYSIS (RAED CAPTION)hi traders! share you opinion about this chart in comment section
current price: 98020
after hitting highest of all time BTC has entered in sphere of retracement. all D1 candles of this week have established a bearish trend and market is trying to stabilize itself. currently market is working under parallel channel. if market rejects 98500 then its next move will be 94500.
key points:
resistance: 98500 and 99850
support zone: 94650 and 91500
demand zone: 94650
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Sun Token ($SUN): Strategic Entry into DeFi Ecosystem TokenI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Sun Token ( NYSE:SUN ): Strategic Entry into DeFi Ecosystem Token
Sun Token (SUN) is a crypto in the CRYPTO market. The price is 0.02420828 USD currently with a change of -0.00058 (-0.02359%) from the previous close. The intraday high is 0.02517523 USD and the intraday low is 0.02232376 USD.
Trade Setup:
- Entry Price: $0.02197
- Stop-Loss: $0.00692
- Take-Profit Targets:
- TP1: $0.05232
- TP2: $0.08906
Fundamental Analysis:
Sun Token ( NYSE:SUN ) is integral to the TRON blockchain's decentralized finance (DeFi) ecosystem, facilitating governance and incentivization within the platform. Its role in promoting DeFi activities on TRON has garnered attention from investors seeking exposure to this growing sector.
Technical Analysis:
- Current Price: $0.02420828
- Moving Averages:
- 50-Day SMA: $0.02350000
- 200-Day SMA: $0.02200000
- Relative Strength Index (RSI): Currently at 55, indicating neutral momentum.
- Support and Resistance Levels:
- Support: $0.02250000
- Resistance: $0.02550000
Market Sentiment:
The DeFi sector continues to expand, with NYSE:SUN playing a pivotal role in TRON's ecosystem. Its integration into various DeFi protocols enhances its utility and appeal among investors.
Risk Management:
Implementing a stop-loss at $0.00692 helps mitigate potential losses, while the take-profit targets at $0.05232 and $0.08906 offer favorable risk-reward ratios. Given the token'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.
BTC Bitcoin Bear Market If you haven`t bought BTC before the recent rally:
Historically, Bitcoin has shown a tendency to retrace in December before starting a recovery around March. This pattern could repeat this season, with BTC facing selling pressure as year-end portfolio rebalancing and macro uncertainties weigh on the market.
While a brief Santa Claus rally might provide temporary relief, the bearish trend is expected to dominate until March. By then, BTC could trade below $84K before regaining momentum, aligning with its historical recovery trend as market conditions stabilize in spring.
BTCUSDT SELL POTENTIALwe all can see where the current momentum lies - downside
high probability trade. make sure to move to BE after price goes 50% to where liquidity sits
BTC 5D INDEX Perfect Chart w/ 2 Retests Mapped out weeks ago combining diagonals in White and Horizontals in Yellow & Blue. Fib Extension with measured move to GETTEX:87K is white also. Used Closers of the 5 day time frame.
First re-test was on the upper white diagonal. Then popped up with in $$'s of previous ATH and then came back to retest the yellow horizontal.
Next should , or possibly, never 100%, but break up thru ATH then re-test that move and level in Blue.
Then GETTEX:87K and that Fib retracement, whitte, used as an extension from ATH to most current low extrapolates the 1.618 very close to the measyred move, probably Kiss $90K but 87 is safer trade
EURUSD WEEKLYConsidering that the Eurozone is performing very poorly and is forced to reduce interest rates more than any other currency, I predict this scenario.
#BTC - Ready to pivot and head to 108k
In my latest post I mentioned that we might visit 93-95k. Sadly for alt coins that resulted in a massive bloodbath, but fear not, it is a healthy pullback meant to clear leverage, that will fuel the next move on #BTC
What's next for BINANCE:BTCUSDT ?
1. After the reaction swing high to 102k price now retraced into the 0.618 zone
2. It also fits perfectly on the fib time zone, and as we've seen in the past, it signalled almost perfectly the reversal in the trend
3. Given the massive sell-off from alts, I believe now it has enough strength to move to the extension zone which is around 108k
4. Based on the impulse we should know if it's just a manipulation or it will continue to go higher
Personally I think we should see another sweep from 108k to 90-95k, and only afterwards we can continue higher to 120k
What are your thoughts?
BTC Retracement: Profit TakingAnd the profit taking continues as Black Rock buys more Bitcoin as been rumoured.
Bitcoin Halving 4: The Dawn of a New Bullish Era with a $150,000Introduction
The fourth Bitcoin halving, anticipated on April 15th, 2024, marks the beginning of a new era, reinforcing Bitcoin's deflationary narrative and catalyzing its cyclical market dynamics. With 90% of Bitcoin's supply already mined and a reduced block reward of 3.125 BTC, scarcity is set to increase, setting the stage for a bullish trajectory.
Historically, Bitcoin’s halving cycles have driven predictable phases: bullish trends in the initial 70,000 blocks, bearish retracements in the next 70,000 blocks, and sideways consolidation in the final stretch before the next halving. As we step into the bullish phase of Halving 4, this analysis explores Bitcoin’s trajectory toward a potential peak of $150,000, supported by historical patterns, logarithmic regression models, and on-chain metrics like the MVRV ratio and z-score.
Where Are We Today?
Having experienced the lows of the third halving era, which began on May 11th, 2020, Bitcoin has successfully weathered the sideways phase characterized by market equilibrium. With the MVRV ratio at 2.24, Bitcoin is signaling fair value, poised for the bullish uptrend expected in the fourth halving era.
Historically, Bitcoin’s market dominance reflects this cyclical behavior. During bearish and sideways phases, dominance often falls below 40%, but as the bullish phase takes hold, dominance surges to 70%, bolstering its influence over the entire cryptocurrency market. These dynamics suggest that Bitcoin is primed for significant price appreciation.
Halving Cycles and Price Projections
The logarithmic regression model shown in the chart encapsulates Bitcoin’s historical price patterns. The projected target of $150,000 aligns with the intersection of Bitcoin's parabolic uptrend and its logarithmic regression of highs. Key milestones include:
Post-Halving Bullish Phase (0 to 70,000 blocks): Historically marked by exponential price growth.
Bearish Phase (70,000 to 140,000 blocks): A retracement period, with average drawdowns of 80% from cycle highs.
Sideways Phase (140,000 to 210,000 blocks): A period of consolidation, setting the stage for the next halving.
For Halving 4, projections suggest:
A high of $150,000 during the bullish phase.
An 80% drawdown, positioning the bearish-phase low at $55,000.
The MVRV Ratio: A Key Indicator
The MVRV ratio (Market Value to Realized Value) serves as a robust tool for assessing Bitcoin’s valuation. Current metrics indicate that Bitcoin is fairly valued, with room for substantial growth in the coming phase:
Historical Extremes:
MVRV > 3.7: Overbought conditions, signaling market tops.
MVRV < 1: Undervalued conditions, signaling market bottoms.
As Bitcoin transitions into the fourth halving era, the MVRV ratio’s current reading of 2.24 suggests equilibrium, with significant upside potential.
Projected Timeline
April 2024 (Halving): Bitcoin enters the bullish phase, with increasing demand outpacing diminishing supply.
2025-2026: Price targets of $150,000 are achievable as the cycle matures.
Post-Bullish Phase: Expected retracement to $55,000, aligning with historical drawdowns.
Conclusion
Bitcoin’s cyclical nature, driven by its deflationary halving mechanism, positions it as a unique asset in the financial markets. As we enter the fourth halving era, the combination of historical data, on-chain metrics like the MVRV ratio, and market dynamics underscores the potential for Bitcoin to reach $150,000.
This analysis highlights Bitcoin's enduring appeal as a store of value and a driver of innovation in the digital asset space. While short-term volatility is inevitable, the long-term outlook remains bullish.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments are inherently volatile, and past performance does not guarantee future results.
Sources:
Coin Metrics
CryptoQuant
TradingView Data Analysis
MU LIVE PRICE ACTION DEC 10 2024Welcome to price action analysis of MU. It has dipped 4 %today and alot of people are worried. If you know your levels then you should not be worried.
I have clearly discussed the entries , SLs & targets. If you have any doubts then feel free to leave a comment
XLM back to .58XLM back to .58
XLM can bounce to the .55 level which has more than 15% upside.
Idea would be invalidated if XLM sustains below .47 for more than 24-36 hours
I like it!I just bought a big position of MSTU (leverage ETF of MSTR). Ascending triangle, price already testing the upper vertex. It might pull back a bit before breakout. SL if it breaks down the triangle.
$BTC Update-Bearish Crash Callout to under $91k confirmed After numerous retests to hold above $100k we received a 10% Retracement in 24 hours down to under $91k.
This in turn has dragged down the alts -20% over the weekend into Mondays trading.
Carefull with long positions or DCA as several traps springing up as we consolidate during this waiting period for BTC bullish confirmation. Lots of longs liquidated past 5 days.
