https://www.tradingview.com/x/DY6NxKPu/ My dear friends, Please, find my technical outlook for BTCUSD below: The instrument tests an important psychological level 84765 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 84317 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Chart Pattern: Head and Shoulders Formation The chart shows a potential Head and Shoulders pattern, which is a bearish reversal setup. The head is the highest peak, while the two shoulders form lower highs on both sides. The price has already broken below the neckline, indicating a sell opportunity. Key Levels: Resistance Levels: $3,055.29 – Major resistance $3,046.10 – Key level near recent highs $3,030.58 – Short-term resistance where price is currently retesting Support Levels (Potential Targets): $2,981.18 – First support level $2,939.81 - $2,931.99 – Strong demand zone $2,881.49 – Major support level Trade Setup: Entry: The price has broken below the neckline and is currently retesting the breakdown zone (~$3,030.58). If the retest holds, it confirms a sell entry opportunity. Target: First target near $2,981.18 Second target around $2,939.81 - $2,931.99 Final target at $2,881.49 for a deeper correction Stop-Loss: A stop-loss above $3,046.10 to minimize risk Market Sentiment: The break below the neckline and a possible rejection at the retest area suggest further downside potential. If buyers push the price above $3,046.10, the bearish outlook would be invalidated. This setup presents a high-probability short trade if confirmation follows through after the retest. Traders should monitor price action around the retest zone before entering a position. ??
Persistent System MTF Analysis Persistent SystemYearly Demand 3,788.0 Persistent System 6 Month Demand 4,450.0 Persistent SystemQtrly Demand BUFL 4,450.0 Persistent SystemMonthly Demand 4,285.0 Persistent SystemWeekly Demand 4,450.0 Persistent SystemDaily Demand DMIP 4,637.0 ENTRY -1 Long 4,637.0 SL 4,400.0 RISK 237.0 Target as per Entry 9,084.0 RR 18.8 Last High 6,767.0 Last Low 4,450.0
#Bitcoin Accumulation before the next major pump! CRYPTOCAP:BTC
AUD USD is about to touch the rising trend. As a result of the reaction, it will rise to the yellow trend.
The price is moving inside a descending pattern, indicating a bearish trend. Multiple lower highs and lower lows confirm the downward movement. Resistance Level ($3055 / $3060) A strong resistance zone is marked at the upper boundary of the channel. If the price breaks above this level, bullish momentum could increase. Support Zones ($3,000 & $2,980 ) The price has tested the support zone multiple times. If the price breaks below $3,000, further downside is possible toward $2,980 & $2970 A breakout above $3,040 could lead to a move toward the resistance zone ($3,060). Failure to break out may result in another drop toward the support zone ($3,000 or lower). Bullish Breakout: Above 3,040 USD may lead to a test of 3,060 USD. Bearish Breakdown: Below 3,000 USD could open the way to 2,980 USD or lower. What’s your opinion on this setup? Let me know in the comments! Like, Follow and support me for daily market insights. Stay updated with my latest trades! Follow me for more setups!" Join my free Telegram channel for daily analysis.
https://www.tradingview.com/x/Q3VlVh3E/ Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed up by the bulls so we will buy! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments? Some time ago price reach and broke $1.0800 level and started to grow inside a rising channel pattern. It reached the resistance level, bounced down, made correction to support and then rose up once again. Euro touched $1.0920 level second time and turned around, after which exited from this rising channel. Then price dropped fast and formed falling channel, breaking through $1.0920 level and reaching $1.0800 level. After that it bounced up a little, but stayed inside the bearish channel without breaking resistance line. Now price moves between support and resistance, but in my mind it can decline to $1.0715 support line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
? Overview: We’re currently witnessing a variety of corrective structures across the crypto market, with assets like XRP showing significant strength, while Cardano (ADA) and SUI appear to be forming classic ABC corrections and wave 4 setups. These patterns align with historical market cycles, particularly resembling price action from September 2017, before a final wave 5 rally. ? Technical Breakdown: -XRP has remained resilient, consolidating instead of breaking down—indicative of a strong underlying structure. -Cardano (ADA) is following a textbook ABC correction, similar to past pre-wave 5 setups. -SUI is showing signs of a wave 4 consolidation, which typically precedes a final wave 5 push. These patterns corroborate each other, suggesting a synchronized market move is approaching. ? Macro Market Alignment: -2017 Parallel: When comparing current structures to past cycles, we see striking similarities. XRP’s correction phase now mirrors its 2017 structure, aligning with the moment before its parabolic move. -Stock Market Correlation: Broader macro trends, including mega-cap stock movements, also support the prediction of one last rally before the cycle concludes. ? Key Considerations: ✅ Wave 5 Blow-Off Top: If historical patterns hold, we could see a broad market rally leading to a final euphoric push. ✅ Retrace vs. New Highs: While some altcoins may set new all-time highs, many will likely only retrace previous losses rather than break out into price discovery. ✅ Timing Expectations: Based on previous cycle durations, a final move could fully play out by mid-2025. However, market sentiment and liquidity will ultimately dictate the speed. ? Trade Plan & Risk Management: ⚠️ Final phase of the cycle – time to start considering exit strategies for long-term positions. ⚠️ Watch for confirmation signals – particularly evidence of expansion across the market. ⚠️ If the rally fails to materialize, and markets continue retracing, this could signal a deeper macroeconomic shift. ? Final Words: The market structure suggests we are in the late-stage corrective phase, setting up for a final impulsive wave. While exact timing remains uncertain, this aligns with previous cycle patterns. Keeping an eye on XRP, Cardano, and SUI as key indicators will be crucial in confirming this prediction. ? What do you think? Are we about to enter a final wave, or is the market sentiment shifting into an extended downturn? Drop your thoughts in the comments! ? Like & Follow for more in-depth market analysis! ?
In the recent analysis of the cryptocurrency market, I have continuously been optimistic about the price trend of BTC. Since the last analysis, the price of BTC has steadily climbed from around 84,000 to the current 85000, further verifying the previous upward expectations. ? Buy@83500 - 84000 ? TP 86000 - 87000 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates