Bitcoin is also very likely dropping further, as Markets react to Trump's Tariffs etc. If the apparent H&S pattern plays out to the downside, then lower 90's or so is possible!
COINBASE:ETHUSD is approaching a significant demand zone, marked by prior price rejections and strong buying interest. This area has consistently acted as a key support level, leading to bullish reactions in the past. The market structure suggests that the recent bearish momentum could slow down as price nears this critical zone. If buyers step in and price action confirms a rejection (e.g., bullish engulfing or wicks signaling strong buying pressure), there is potential for a reversal. I anticipate that, upon confirmation of a rejection from this demand zone, ETH may head upward toward the $3,350 target level, which represents a logical target within the current market structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
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? ** ??** ? **Pair:** BTC/USDT (BINANCE) ⏳ **Timeframe:** 30-Min Chart ? **Setup Type:** Bullish Reversal ### **? Trade Plan:** ? **Entry:** $100,864.29 (Support Rebound Confirmation) ✅ **Stop-Loss (SL):** $100,043.63 (Below Key Support) ? **Target 1:** $101,902.96 (Resistance Level) ? **Target 2:** $102,935.92 (Major Breakout Zone) ? **Risk-Reward Ratio:** Favorable for long position ? **Pattern:** Falling Wedge Breakout ### **? Trade Strategy & Refinements:** ? **Volume Confirmation:** Look for increasing bullish volume. ? **Trailing Stop Strategy:** Adjust SL higher after reaching Target 1 to lock in profits. ? **Partial Profit Booking:** Take profits at Target 1 and let the rest run toward Target 2. ⚠️ **Breakout Watch:** If BTC fails to hold above $100,864, exit early to minimize risk. ### **? Final Thoughts:** ✅ **Bullish Reversal Zone Identified** – Strong potential for upside. ✅ **Support Held at $100,043.63** – Confirmation of buying pressure. ✅ **Breakout Above $101,902.96** – Key level to confirm trend continuation. ? **Trade Smart & Stick to Your Plan!** ?? Would you like any refinements? ?? #LongTrade #CryptoTrading #BTCUSDT #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishReversal #TradeSetup #CryptoCharts #TradingView #CryptoSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
Good place to buy and hold. IT IS JUST A SPECULATION
This is kind of the way that Nelson Elliott did it with his Elliott Wave theory. We develop a map. We follow this map. As long as the map works, is working, we continue to follow it. If the map stops working, we adjust and adapt. We make some updates and then continue to follow our map. The map is not the territory. You can use a map for navigation but the map is not the place itself, it is only a represetation of the landscape. The menu is not the food. Imagine going to a restaurant and eating the menu. That's because you take the theory to be the truth. This applies to trading. We develop a map based on the tools we have available: The candles, the indicators, the transactions and fundamentals. It can be a solid map but this isn't the actual reality, only a tool. We follow our map for as long as it is good. When the map breaks down, we adapt and adjust. When the map is doing good, we continue to follow it for as long as it works. Our current map is doing good, so let's see how far it can take us. We are very likely witnessing the resolution of the last bearish wave, the latest retrace. After the next low is in, we are likely to see growth for three months straight. Previously it was 1.5 months straight up. Next time, we are likely to see 3 months or more, can be up to 6 months. This applies to the entire Cryptocurrency (Altcoins) market. Thanks a lot for your support. Namaste.
Hello EveryOne . LTC can touch our Entry if drops more so we need to watch or Put a Limit Positions I will Entr to Long position in : 114.1 LITECOIN Consider its not finantial advise its my analysis about this chart #TradeWithMky @TradeWithMky
This is an outlook for the week of Feb 2-7th. In this video, we will analyze the following FX markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper The indices were not easy to trade last week, as there were plenty of fundamentals at play. However, they are relatively still strong, and I am looking for further gains next week. NFP week, imo, is best traded Mon-Wed. Thurs will likely see consolidation until the NFP news announcement Friday morning. I will look to fade the news release on Friday for NY Session. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Here on Linkusd price form a demand around level of demand zone 23.5141125 which is likely to continue buying and trader should go for long with expect profit target of 24.5785227 and 25.8943684 . Use money management
The influence of Donald Trump on cryptocurrency markets has been a topic of significant discussion, particularly in light of his recent inauguration and the launch of various crypto-related initiatives. His evolving stance on cryptocurrencies, particularly Bitcoin, has led to both volatility and optimism within the market. This overview explores the implications of Trump's actions and statements on the cryptocurrency landscape, focusing on the factors contributing to market fluctuations and the broader economic context. Trump's Evolving Stance on Cryptocurrency Historically, Donald Trump has had a mixed relationship with cryptocurrencies. Initially dismissive, he referred to Bitcoin as "based on thin air" and a threat to the U.S. dollar. However, as his US-elections campaign progressed, his views shifted towards a more favorable outlook. In recent pre-elections statements (usual populist election rhetoric), Trump has expressed intentions to position the U.S. as "the crypto capital of the planet", for example. This shift aligns with a broader trend where economic uncertainty has made alternative assets like Bitcoin more attractive. During Trump's first term, Bitcoin's price skyrocketed from around $1,000 to over $40,000, reflecting increased interest in cryptocurrencies as a hedge against traditional financial instability. Following his reelection in 2024, Bitcoin surged past $100 000, attributed in part to renewed investor confidence driven by Trump's pro-crypto rhetoric and cabinet appointments. The Launch of Memecoins and Market Volatility The recent launch of memecoins associated with Trump, such as $TRUMP and $MELANIA, exemplifies the volatility that can arise from his influence in the crypto space. These coins saw dramatic price fluctuations shortly after their introduction; for instance, $TRUMP's market capitalization soared to $14 billion before experiencing a significant crash. This volatility raises concerns about market manipulation and the sustainability of such speculative assets. Factors contributing to this volatility include: Market Saturation. The cryptocurrency market is highly competitive, with thousands of coins vying for attention. New entrants can dilute demand for existing coins, leading to price declines. Lack of Utility. Many memecoins lack inherent utility or clear use cases, making them susceptible to speculative trading rather than long-term investment. Regulatory Uncertainty. The evolving regulatory landscape can create unpredictability in the market. Trump's administration has indicated support for crypto-friendly policies; however, regulatory frameworks remain unclear. The United States of TRUMPAMERICA Trump's presidency coincides with heightened economic uncertainty due to various pro-inflationary factors, including US-centric tariff policies, trade wars and geopolitical tensions. Despite initial optimism following Trump's election victory, there are concerns about whether his administration can deliver on its promises regarding cryptocurrency regulation and support. While some investors have benefited from short-term price surges attributed to Trump's influence, questions remain about the long-term sustainability of these gains. Regulatory Developments and Future Implications The establishment of a crypto task force under Trump's administration aims to create a comprehensive regulatory framework for digital assets. While this initiative is viewed positively by many in the crypto community, it remains uncertain how effectively it will address existing challenges within the market. Technical Challenge The main technical graph for CRYPTOCAP:TOTAL Crypto Cap indicates on Bearish trend in development, since "Double Top" technical figure has occurred a day before Mr. Trump entered the room. The minor RSI (14) chart indicates also that Bullish optimism is getting sluggish so far. Conclusion Donald Trump's influence on cryptocurrency markets is multifaceted and continues to evolve. The recent volatility associated with memecoins underscores the speculative nature of digital assets while highlighting the broader impact of political fart on investor sentiment. https://www.tradingview.com/x/vqi1ktia/