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CYCLE 4 | BTC If Perfect Cycle - ATM Target Zone [For Fun]IF PERFECT CYCLE - ATM TARGET ZONE For this post (just for fun) if BTC is allowed to run to it historic tends this cycle, then I have marketed the projected 'ATH Target Zone', based on the current state of my price modelling, cycle mapping, oscillators, indicators and technical analysis tends. Weekly RSI - CURRENT ANALYSIS While the weekly RSI bearish divergence (yet to be locked in) looks eerily familiar to our double peak top the 2021 cycle, if this does eventuate then we will be looking for BULLs to continually invalidate similar to the 2017 bull run. If there is a reasonable pull back at this point (30% to 40% pull back) and we retest and hold the 21W EMA 20W SMA, then this would be consistent with the 2017 bull run at this point in the cycle and we would then want to see bulls invalidate the bearish divergence on the weekly RSI to have confidence in the possibility of more upward price action ahead. FOLLOW ALONG WITH THIS POST! What do you think about this chart? Am I too bullish or bearish with this zone? Will be fun to track this moving forward.
Long
by Brodie
BTCUSDT - Elliott Wave Analysis: Wave 5 Targeting $115,000 Market Overview - BTC is unfolding a classic Elliott Wave impulse, currently correcting in Wave 4. - This correction has established strong support near the $94,500-$96,000 zone, aligning with the 38.2%-50% Fibonacci retracement of Wave 3. - The Wave 5 target is projected at $115,000, based on Fibonacci extensions and historical price momentum. Technical Analysis 1. Wave Count Breakdown: - Wave 1: Initiation of bullish momentum with a strong breakout. - Wave 2: Healthy retracement establishing a higher low. - Wave 3: Extended bullish rally, peaked at $108,000, showing typical impulsive strength. - Wave 4: Ongoing corrective phase, respecting key Fibonacci retracement levels. - Wave 5 (Projected): Anticipated bullish rally toward $115,000, potentially extending to $118,000 under strong momentum. 2. Key Levels to Watch: - Support Zones: - $93,000-$94,000: Key demand zone where buying interest is evident. - Break below $92,000 invalidates the bullish Elliott Wave structure. - Resistance Levels: - $108,000: Wave 4 high, pivotal for confirming a bullish breakout. - $115,000: Projected Wave 5 target based on 1.618 Fibonacci extension of Wave 3. - $118,000: Secondary extension level if bullish momentum sustains. 3. Fibonacci Analysis: - Wave 4 Correction: - Aligns with the 38.2%-50% retracement of Wave 3, a standard correction zone. - Wave 5 Projection: - Targets 1.618 Fibonacci extension of Wave 3, landing near $115,000. 4. Trendline Analysis: - A rising trendline connecting Waves 1 and 3 provides structural support. - Parallel projection supports the expected upward movement toward Wave 5. Momentum and Indicators 1. RSI (14): - Wave 4 correction shows RSI consolidating in the 40-50 zone, indicative of oversold conditions. - A bullish crossover above 50-60 will confirm the start of Wave 5. 2. MACD (12, 26, 9): - MACD histogram flattening during Wave 4 indicates diminishing bearish pressure. - A bullish crossover on MACD lines will serve as a strong signal for Wave 5 initiation. 3. Volume Profile: - Accumulation in the $93,000-$94,000 zone reflects strong institutional interest. - Wave 5 should see a notable rise in volume as price approaches $108,000 and breaks out toward $115,000. Trading Plan 1. Entry Points: - Accumulate positions in the $94,500 - $96,000 support zone. - Add on breakout confirmation above $108,000 for conservative entries. 2. Stop-Loss: - Place below $92,000 to limit downside risk and invalidate the current wave structure. 3. Profit Targets: - Primary Target: $115,000 (Wave 5 Fibonacci extension). - Stretch Target: $118,000 if momentum sustains post-breakout. 4. Risk Management: - Risk no more than 1%-2% of capital per trade. Scenarios 1. Bullish Scenario: - Price holds the $94,000-$96,000 zone and breaks above $108,000 with volume confirmation. - Wave 5 achieves $115,000, with possible extensions to $118,000. 2. Bearish Scenario: - Failure to hold $92,000 invalidates the current Elliott Wave structure. - Price may retrace deeper, targeting the $88,000-$90,000 zone. Pro Summary BTC is setting up for an impulsive Wave 5 rally, with $115,000 as the primary target. A breakout above $108,000 will confirm the next leg of the bullish trend. Maintain a disciplined approach with stops below $92,000 and adjust positions as the price action unfolds. 🚀 Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, and you should do your own research or consult with a professional before making any investment decisions.
Long
by Supachai-Taechapisit
BITCOIN - Price can correct to support area and then bounce upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price started to move up in the rising channel, where it at once made correction from resistance line. Price fell below $94000 level, but soon backed up and later continued to grow to resistance line of channel. When price reached this line, it made a correction to support line and then rose higher than $103500 level, breaking it. Soon BTC turned around and declined to support level, breaking resistance level and exiting from channel. At the moment, price trades close support level and I think it can fall to the support area and then start to grow to $100K. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
$xrp long entry ### **Market Context:** - **Support Zone:** Price has reacted strongly from the FVG (Fair Value Gap) near the $2.21 - $2.15 region, showing bullish demand in this area. - **Resistance Levels:** Immediate resistance is around $2.39, with further key levels at $2.70 and $2.92. - **Order Block (OB):** Notable bearish order block marked near $2.70, which can serve as a potential take-profit area. --- ### **Key Observations:** 1. **Bullish Structure:** - The price has established a bullish market structure shift (MSS) after revisiting demand zones. - EMAs are aligning closely, suggesting consolidation before a potential breakout. 2. **Liquidity Grab:** - The recent dip into the FVG signals a liquidity grab, hinting at bullish accumulation. 3. **Risk-Reward Setup:** - The long position setup reflects a favorable risk-reward ratio, with the stop-loss below $2.15 and targets extending to $2.70 and potentially $2.92. --- ### **Trade Plan:** - **Entry:** Around $2.32 - $2.36 (current price zone). - **Stop Loss:** Below $2.15 to account for a safe invalidation. - **Targets:** - **TP1:** $2.70 (resistance near the OB zone). - **TP2:** $2.92 (major resistance and psychological level). --- ### **Notes for Traders:** - Watch for volume confirmation as the price approaches resistance levels. - If price retraces to the FVG ($2.21 area), consider it an opportunity to add to the position. --- Keep your risk management tight and follow the plan!
Long
by origami_capital33
SUIUSD: The 1D MA50 held again. Bounce incoming.SUI turned stayed bullish on its 1D technical outlook (RSI = 58.166, MACD = 0.287, ADX = 25.285) as the short term pullback stopped right on the 1D MA50, touching it for the first time since November 5th. This kept the Channel Up intact while the RSI hit and bounced on its own 4 month S1 Zone. This is the buy signal for the new bullish wave. We are bullish and aiming for the minimum +140% increase (TP = 7.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SUIUSDLong
by InvestingScope
#BTC reaches support zone📊#BTC reaches support zone✔️ 🧠From a structural point of view, all the goals of the short structure have been achieved, and the target area of ​​this structure overlaps with the yellow support area. The overlapping area is regarded as the heaviest support area, so there is an expectation of rebound. ➡️From the perspective of wave theory, the Elliott Pulse Wave has been fully realized, and there is also an expectation of rebound. ➡️If you miss the best entry opportunity, then you can expect to participate in long trades after building a long structure near the buy zone. Let's see👀 🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P
Long
by wolf_king888
2
#Altcoins Q4 2020 x Q4 2024#Alts market cap TOTAL2 After making a major rise after the US elections in November 2020, it made a major correction towards mid-December and started a parabolic run after being rejected from the ($177.8B) Fibonacci 0.5 support. Altcoins, which made a major rise after the US elections in November 2024, started a major correction phase in mid-December, It will not be surprising if the correction ($1.19T) continues up to the Fibonacci 0.5 level and starts moving upwards from the current level.
CRYPTOCAP:TOTAL2Long
by EtherNasyonaL
1
Where do we go from here?If you're looking at this in terms of market cycles in correlation with halvings... These are my opinions in an attempt to pick the top 3 most likely scenarios for the next 12-13 months. Please provide feedback as this is not about ego, it's more of a thought exercise. The 2 vertical lines are the window/time frame for exiting. The diagonal lines represent the tops of the previous 2 market cycles. Not in any particular order are what I consider the 3 most likely scenarios... 1. The theory of diminishing returns applies. Bitcoin is becoming larger and less volatile. It is possible that this market cycle will not break past the red line projections. If this is true then the next market cycle may see less than 100% return. Conclusion--market cycle has already peaked. Projection: bleed-off of BTC price to approximately FWB:73K before starting into the next bull market cycle. Start buying again in about 2 years. 2. Everything the same as 1 except Conclusion--market cycle has not yet peaked. Projection: 3-4 months of pain or longer if the bleed is slow. Tops out by the end of next year between $114k and $130k. 3. We are on the verge of government adoption and regulatory clarity in the USA and several other countries. Conclusion--market cycle has not yet peaked. Projection: A steep pull back over the next 3-4 months to meet the fast moving average bringing BTC price as low as 80k-75k before violently snapping up as we see the gears of legislation starting to move, breaking the projection from the previous 2 cycles driving BTC price beyond 200k by the end of next year. But those are just my thoughts. What do you think?
BITSTAMP:BTCUSD
by Narsty_Boy
3
Technical Insights: Building the Bullish Case for GalaTechnical confirmation of Wave 3 will occur when the price breaks above the Wave 2 high of $0.06649, as shown in the 4-hour chart. Until then, I’ll continue building a bullish case while monitoring price action closely. Bullish Indicators To support my analysis, I’m using the daily timeframe as the higher timeframe and the 4-hour timeframe as the lower view. Here's what I'm seeing: Daily Timeframe Stochastic RSI: Oversold at 0.41, with the K line on the verge of a bullish crossover with the D line. This signals an opportunity for a potential long setup. RSI: At 40.79, a favorable level for price interest to increase. Fibonacci Confluence: The ABC correction has bounced at the 0.618 Fibonacci retracement level, a strong indicator of a potential reversal. Note: The Rate of Change (ROC) currently shows bearish momentum at -28.38, likely reflecting the recent price drop. As momentum indicators are lagging, I’ll monitor this closely for a shift upwards as price momentum builds. 4-Hour Timeframe Stochastic RSI: Oversold at 14.70, with the K line crossing the D line, forming a bullish crossover—an ideal entry signal for a long position. RSI: Oversold at 27.28, with upward momentum signaling a potential short-term price spike, which would align with bullish momentum on the daily timeframe. Positioning and Price Expectations I have already bought in to Gala, and this review reinforces my bullish bias. While time will determine if we are indeed in Wave 3, the following price targets are based on traditional Fibonacci extensions and levels illustrated on the daily chart: Target 1: 1.618 Fib Level — $0.11303 Target 2: Monthly Resistance — $0.13158 Target 3: 2.618 Fib Level — $0.16193 Given that Target 2 (monthly resistance) is slightly above the 1.618 Fib Level, it’s reasonable to expect price to wick toward this level before potentially settling at or below 1.618. Final Thoughts The crypto market is notoriously unpredictable, and no one can perfectly predict price targets. However, the levels outlined provide a solid framework for assessing the price movement during Wave 3. With five sub-waves within Wave 3, I’ll reassess and adjust as each unfolds to refine expectations.
Long
by heywippa
PRODIGAL SOLANA?Today, on this idea, I'm not going to disclose my position on the header. Nevertheless, I'm still overall bearish on the contract . I have marked out a bearish order block in the 4H timeframe, currently the block of orders is being mitigated, and I've marked out the 50% level of the order candle of which I expect price to respect before a possible trend continuation . I'm not placing orders yet, I'll look to seek entry levels at my intermediate timeframe and my lower timeframe (an advice). So back to the question, are we going to see a prodigal BYBIT:SOLUSDT.P ? IMO Hell naw! (Surprised on my precised answer? Lol), Psychologically speaking; festive periods are bad periods for long trades (I will tutorial on that). Now that we know its most unlikely that Solana will go back to papa anytime for now, when should we expect this bloody race to end; SOON! This will lead to the AltSeason , Long investors should not be worried, and this is a good period for accumulation of these alternative coins and tokens ahead of what's big. The cashout level? That's where my swing liquidity lie (and if market dumps more, we should see a bloody $175 - $166 been broken, the latter is a wild expectation). Remember to DYOR. LEAVE A FOLLOW!
Short
by earthtraderx
1
Bitcoin is Ready to fill CME Gap!!!Bitcoin ( BINANCE:BTCUSDT )is approaching the Resistance zone($105,560-$104,940) , Downtrend line , and Cumulative Short Liquidation Leverage($105,654-$104,709) . According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . Probably wave 4 will end in the Resistance zone($105,560-$104,940) . I expect Bitcoin to go towards filling the CME Gap($103,325-$101,840) AFTER breaking the Support line . ⚠️Note: US indices (Federal Funds Rate, FOMC Economic Projections, FOMC Statement) can affect the trend of Bitcoin; the possibility that the market will get excited when the indices are announced is very high.⚠️ ⚠️Note: If Bitcoin breaks the Resistance zone($105,560-$104,940), we can expect Bitcoin to rise further, especially if Bitcoin touches $106,200.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
13