Good morning my fellow Cryptocurrency trader, Bitcoin is still trading above 90K while moving sideways and consolidating creating a long-term support before a major move. Some people are panicking now and selling at this point. Selling here might not be the best option for those waiting for the major bullish phase that is expected later in 2025. This phase is set to unravel in the coming weeks and will negate all bearish signals. No downside will be possible in 2025 aside from a mild-correction after Bitcoin hits a new All-Time High. But, will there will be a correction now? This is the question many are asking. We can say that we already had a correction from late December until recently. While for Bitcoin this wasn't quite obvious, it is more apparent when we consider the Altcoins. Many of the projects that grew strongly in late 2024 produced a month long correction reaching between 35% and 65% down from peak price. This is a strong correction by any and all standards. Bitcoin is not the same. Bitcoin showed no weakness and continues consolidating; the next major move, the next impulse, is absolutely not down. When there is a retrace this becomes a buy opportunity. Corrections, drops and lower prices are buy opportunities but these are not present lately. Bitcoin continues strong while aiming for a new high. First a shy high and then a major high reaching April 2025. The time to sell everything is now? That is up to you and selling everything will definitely depend on your trading plan and strategy; what are your goals? Is the bull-market over? One can sell everything or just sell portions as prices rise and hit resistance. Each time a resistance level is hit, a portion can be sold. When a pair/project hits support, that's the time to buy. Bitcoin is moving sideways, consolidating with a bullish bias. Bitcoin is going up (long-term)! Namaste.
this is my view for NAS to 22 500, for early Q1 various macro economic factors, but mainly we have not seen the contribution of MicroStrategy as a major player using BTC as a backing and a company with a 74% YTD results because of BTC so next round i suspect they would offer EFT shares to finance next purchase of BTC for the all time high of BTC to $120k
Everything is outlined on the chart to keep it as simple as possible.
COINBASE:BTCUSD seem to be forming H&S though right shoulder is yet to form. A breach below 91-92k zone could sound trouble for #Bitcoin. Diminishing volume from left shoulder to head is also not encouraging. Keep an eye!
BTC Dominance chart on a daily basis was on a upward sloping channel with higher highs and higher lows. But the chart has now broken down out of the pattern to the downside. May be 61% was peak for this cycle. What do you think ?
Yello, Paradisers! Are you watching ROSEUSDT closely? If not, you might want to pay attention because this setup is reaching a critical point that could make or break its next move. Let's dive into the key levels and scenarios we're monitoring to stay one step ahead of the crowd. ?ROSEUSDT is attempting to form a W pattern from a key support zone. If this pattern fully materializes and we see a breakout with a confirmed candle close above the resistance, the probability of a bullish continuation will increase significantly. This move could open the door to higher price levels. ?However, it’s essential to wait for confirmation—the breakout must be backed by a solid close above the resistance level to validate the W pattern. No premature entries, Paradisers! Discipline is key. ?If the price pulls back before breaking out, there’s a high chance of a bounce from the strong support zone. But to increase the odds in our favor, we need to see signs of bullish intent, such as a bullish I-ChoCH (Internal Change of Character) or familiar bullish reversal patterns like the W pattern or inverse head and shoulders on lower timeframes. ?Keep in mind—it's not just about the support holding, but also about how the price reacts at these levels. Strong bullish reactions give us more confidence to enter trades. ?On the flip side, if ROSEUSDT breaks down and closes a candle below the key support zone, it will invalidate our bullish idea entirely. In that case, it’s better to remain patient and wait for new, more favorable price action to form before taking any positions. ?Patience and discipline are what separate successful traders from the rest. We wait for high-probability setups with clear confirmations. No rushing into trades without a validated breakout! Trade smart, Paradisers. Stick to your strategy, and remember—the market rewards the most disciplined players. MyCryptoParadise iFeel the success?
BOE HEAD--Andrew Bailey (BANK OF ENGLAND) RBA HEAD-- Michele Bullock,(Governor of the Reserve Bank of Australia,) the British pounds sterling narrowly escaped the 2dollar mark against Australian dollar in the month of December ,the weekly symmetrical triangle broken supply roof shows a stronger economic advantage of British pounds against Australian dollar in the first quarter of 2025.on weekly Timeframe we have a strong demand horizontal floor in the zone of 1.9905 to provide buy impetus ,A deeper correction will be a drop into the floor of the the broken supply roof of the symmetrical triangle running from 2016 to 2020 and 2024 BREAK OUT .. As the new week opens the market will look for entry opportunity to go long on GBPAUD. GOOODLUCK
A new all-time high has been reached ? XIAOMI has been surging non-stop since August 2024, with our position now up 180% since our entry back in March. We are taking our next profit here and letting the rest run. Xiaomi experienced significant growth in 2024, bolstered by China’s economic development and government support. The Chinese government implemented subsidies to stimulate demand for electronics, heavily favoring the stock. These policies aimed to strengthen domestic consumption and accelerate technological modernization. In March 2024, Xiaomi introduced its first EV, the SU7 sedan. By November, the company exceeded its initial targets, raising its annual delivery forecast to 130,000 vehicles. Technically, it is safe to say that we are trading in a wave 3, but the key question remains: for how long and what price level will it target? Analyzing the chart, it makes the most sense to anticipate a very large and sharp wave 3, with the same dynamics for wave ((3)). While the possibility of even higher surges exists, historical patterns suggest the likelihood of a rounding top formation as multiple waves come to an end. We don’t believe our entry level will ever be retested, but we remain cautious with new entries for now, closely monitoring the chart for further developments.
This is how to use the PreannFX indicator in the case of XAUUSD. When the signal appears, in this case it is a Bullish signal, then we place a BUY LIMIT order at the Open on the previous candle. Stop Loss is placed at the Low of the candle before the signal. If the Low candle of the newly appeared signal is lower than the Low of the previous candle, use the Low of the ongoing candle.
OK, well, in the previous post there were lots of pros and cons comments regarding my chart. Apart from these pros and cons, let's continue the discussion. OK, Bitcoin closed right at the 93,400 support area, then rose again and touched the 98,900 resistance area. What next? Yes, it is not much different from the previous post that Bitcoin has strong resistance in the 109,000 area, and there is a possibility that next week it will try to break through this resistance again. Then, if Bitcoin experiences a rejection when trying to rise to the 109,000 area, Bitcoin will again try to test the support area at 80,000. Maybe that's all from me, I'll come back later if my analysis is right/wrong in the next few weeks.