BTC Price Action Analysis: BTC is showing signs of consolidation in the 90,000 - 108,000 range for the next few days. During this period, we expect the price to move sideways as the market digests recent price action. This phase of consolidation could bring some stability before a potential volatility spike. After this consolidation phase, I anticipate a possible wick down to around 86,000. This wick would be a short-term shakeout, likely designed to liquidate weak hands before a strong bullish rally. Following this shakeout, I’m expecting BTC to surge and achieve a new all-time high (ATH). The overall market sentiment remains bullish, but this could take some time to fully develop. Key takeaways: - Short-term consolidation expected between 90k and 108k. - A potential wick to 86k could happen before the next big move. - Long-term outlook remains bullish with a target of a new ATH. Make sure to practice proper risk management, as volatility could create sudden price swings. As always, this is not financial advice, and I encourage you to do your own research (DYOR).
Nobody knows what is going to happen, but this confluence of trend lines is at least interesting. There is a short term uptrend since the August low that converged pretty perfectly with a longer term trend line that seems to have had some weight as resistance since summer of 2023. It has been broken at times, but price has always come back in and has spent a lot of time respecting it. This month we broke above it again and then on Friday we opened below both lines, only to rally back up and close above them. There is also a resistance line that along with the short term support line can be seen as a rising wedge that was broken on December 4th. This latest drop took us down through the front of that wedge but on Friday we closed back above it. https://www.tradingview.com/x/KGPLJ1HB/ Now the market of course does not have to follow any of these lines, but I thought the confluence was interesting. Could this all just be a retest of the wedge we just broke out of to the upside? Could the longer term resistance line finally be flipping to support? In that case, we could be at the beginning of a much bigger upside move. To be clear, I do also see credible downside possibilities, but there is some confluence and some strength worth noting here.
Hello, FX:EURJPY is poised for further upward movement, with strong one-year resistance at 170.505. We can expect price action to gravitate toward this level! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
Step 1-3 of reversal setup has already taken place. If it fails to break the 0.27 and retest then we should consider continuation to the downside. This is not financial advice.
Ethereum konnte das entscheidende Ausbruchslevel bei $4.102 noch nicht nach oben durchbrechen und ist erneut in eine stärkere Korrektur übergegangen. Aktuell steht der Kurs an entscheidenden Marken, um die bullische Struktur aufrechtzuerhalten. ? Analyse: ? $3.562-Widerstand: Nach einer kurzen Erholung perfekt am 0,5er Fibonacci-Level ($3.114) wurde Ethereum hier erneut abgelehnt. ? $3.274-Unterstützung: Diese Marke ist jetzt essenziell, um ein tieferes Abrutschen zu vermeiden. ? Cluster aus $2.810–$2.880: Dieser Bereich umfasst das 0,618er Fibonacci-Level und einen wichtigen Unterstützungsbereich. Ein Bruch darunter könnte das bullische Szenario gefährden. ? Übergeordnet bleibt die Abwärtsbewegung korrektiver Natur, was weiterhin für eine mögliche Welle (4) innerhalb des bullischen Counts spricht. ? Wichtige Marken: ▪️ $3.562: Aktueller Widerstand, ein Break darüber wäre ein erstes bullisches Signal. ▪️ $3.274: Schlüsselsupport – ein nachhaltiger Bruch darunter würde das Cluster bei $2.810–$2.880 in den Fokus rücken. ▪️ $4.102: Übergeordnetes Ausbruchslevel, entscheidend für die Wiederaufnahme der Rallye. ? Fazit: Ethereum steht an einem kritischen Punkt. Ein baldiges bullisches Reversal ist entscheidend, um die übergeordnete Struktur beizubehalten. Solange das Cluster bei $2.810–$2.880 nicht nach unten gebrochen wird, bleibt das übergeordnete Bild positiv.
Moin habe gestern den dip gekauft in ein paar coins wie im motion beitrag gesagt habe gute einstiege und bereits viele profite mitgenommen da alcoins sehr schwach ausschauen und btcd bullish nächsten preisziele und gedanken sind im chart werde dort dca weiter einkaufen meiner meinung nach ergibt es wenig sinn ein fallendes messer zu fangen versuchen vorallem mit hebel und bei dieser price action
NASDAQ:NVDA AGAIN!!! HOLDING PRECISELY MY FIBONACCI 129.56! DO YOU SEE IT NOW! My targets are as follows 140, 150, and 160 Very nice 618 Fibonacci Hold Drop a like for more content like this!
Hello, BITSTAMP:ETHUSD has respected the 1-month pivot point, which has served as a strong support level. As long as the price remains above this level, further upside is likely. However, it appears that this support might be tested again soon! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
first of all know that i am still learning using Elliott theory. according to my knowledge, Celr has landed in the GOLDEN zone, also note that there happend to be a support line in this zone which will increase the posibilty of Celr to make a pump. Also notice that there is a Bearish FVG at the top> this increases the chance of a pump towards this FVG. Entry: now. target 1: 0.023 partial sell. target 2: 0.025 sell all. if there are any mistake using the theory please comment below :this counts for anything i use or said: questions? feel free to ask!
Altcoin traders look for a little more downside in the next 12 hrs until this pattern plays out let me know what you think about the chart action on the BTC dominance