Bitcoin - THIS INDICATOR calls the TOP📉Hi Traders, Investors and Speculators of Charts📈
It's always good to refer back to the MACRO trend when watching BTC. From a macro perspective; we're definitely overdue for that proper bull-cycle correction - also important to keep in mind the halving coming up in April.
We can confirm this bias by taking a look at a very specific indicator called the Balance of Power. Historically, on a macro timeframe, this indicator has been great at calling local tops and bottoms.
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BINANCE:BTCUSDT
Bitcoin (Cryptocurrency)
Revised Bitcoin Path to $155k - $210k and $100k By the HalvingHere's my Revised Bitcoin Path to $155k - $210k and $100k By the Halving study.
Note: If you're using a Fib based on a Log scale these levels will change, but the $155k level is still the likely target based on a 1.618 vs a 3.618 projection.
In this video I've outlined the 10 factors including the ETF money flows already coming in.
Each of these factors could help ignite the other 9, and contributing to a near term mega rally.
The chart bars pattern in Blue is a copy of the previous cycle where this happened, so we we know this is possible.
A near term pullback from $50k is likely however, and healthy.
I anticipate this would be the best / safest entry point and best scenario for a much larger push higher as noted above.
I've also outlined 5 potentially negative factors which could slow growth, but are less likely.
Would love to hear your comments below!
Bitcoin's Next Huge Move: Must watch! 🐉🎆 Bitcoin's Monumental Path in the Year of the Wood Dragon 🚀💹
🎊 Celebrating New Beginnings
Hi everyone! As we delve into Bitcoin's current trajectory, let's not forget to extend a warm Happy New Year to our friends in Asia celebrating the year of the wood dragon. This occasion isn't just about cultural festivities; it's a beacon for significant shifts in the crypto landscape. Drawing inspiration from the wood dragon's favor towards the rooster, we're navigating through the intertwined dynamics of political landscapes and market directions.
📈 A Look Back at Prophecy Fulfilled
Reflecting on the prophecy I shared back in January 2023, during times rife with fear, uncertainty, and doubt (FUD), we highlighted a pivotal breakout pattern for Bitcoin. This "one, two, three" sequence has proven its mettle, reinforcing the forward-looking essence of the market.
Amidst skepticism surrounding Bitcoin's valuation, our analysis foresaw the normalization of CPI and an amelioration in inflation rates, painting a bullish scenario for Bitcoin. The journey since has been nothing short of remarkable, affirming the resilience and prescience of our forecasts.
🌐 Navigating the Current Landscape
In the recent unfolding of events, Bitcoin encountered a notable setback following ETF approval, set against a backdrop of geopolitical strife and regulatory tumult. The Bitcoin community's response to actions from figures like Biden and the SEC paints a complex picture of the challenges and influences at play.
🔍 Technical Analysis: Anticipating the Next Big Move
Our technical dive reveals an impending third test of a critical resistance level, as denoted by the "one, two, three" pattern. Despite a straightforward approach to charting, the precision and effectiveness of our predictions stand strong, with Bitcoin facing the anticipated rejections and gearing up for a pivotal next phase.
📊 Forward-Looking Projections
Looking forward, the possibility of Bitcoin revisiting lower support levels cannot be overlooked, emphasizing the need for strategic positioning and readiness. This analysis not only underscores the importance of historical resistance and support levels but also charts a forward-looking projection for Bitcoin's valuation, harboring an optimistic stance for 2024.
🚀 Conclusion: Embracing the Volatile Journey Ahead
As we embark on the volatile yet promising journey through the year of the dragon, the melding of astrology, political dynamics, and market movements presents an enthralling narrative for Bitcoin's path forward. Amidst prevailing uncertainties, our dedication to delivering insightful analysis and strategic foresight remains steadfast, ready to embrace the next chapter in Bitcoin's evolution.
One Love,
The FXPROFESSOR 💙
BTCUSDT 4H
Hello
Let's have an update from Bitcoin
An important resistance zone has been reached. In the video, the bullish and bearish targets are fully explained
But pay attention, don't enter until you get confirmation, and if it enters time correction in this range, the probability that it will move up is very high.
Be successful and profitable
BITCOIN - My Thoughts On The Current Waves...In this concept, I share my viewpoint on the present condition of the waves. It's not a short trade suggestion yet, but rather an observation of what I perceive to be happening.
I unmistakably detect a sense of frenzy at the peaks, whether it's through comments or news pieces regarding cryptocurrency.
Market behavior consistently mirrors the collective psychology of its participants. While I suspect we might be at or nearing a peak, further confirmation is needed through the breach of a couple more key levels.
A drop below $47,643 and $46,792 should offer the initial indications required. Additionally, I delve into the broader pattern and its defining characteristics.
BTC - 1.8B of OI entered and no signal for reversalBTC - 1.8B of OI entered and no signal for reversal
in most cases, good reversal appears
1. after MEssive liquidation (didn't happen yet)
2. After series of SL hunts in a range
3. Structure change.
we don't have any of it yet.
Watch fulll video to see my plan!
BTC - Detailed Update 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC - $447m of Oi entered the market - soon it will make a moveBTC - $447m of Oi entered the market - soon it will make a move
Oi (open interest) - means amout of open contracts on Exchange. More contract means bigger moves
Price is in a range for many days. Soon it will break it as it did many days ago!
BITCOIN - My View On This Trade and Coming Trends...In this video I go through the larger pattern and give you my thoughts on the smaller degree trade that we are currently following and making good gains on.
However this is just the beginning of many known moves to come which are part of a repeating serious of fractal patterns which AriasWave is based upon.
This is the reason we are in such a wonderful trade, that's because I understand very well that there can only ever be a certain amount of patterns that occur in a correction and all their variances.
I also cover psychology but not in the way most people try to make it important but in the way it really affects traders.
BTCUSD: Weekly continuation?Today's focus: BTCUSD
Pattern – Continuation (Bullish)
Support – 41,450, 38,514
Resistance – 44,713, 47,540
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Bitcoin on the weekly chart.
So far, so good, as buyers continue to push at resistance and push forward with a bullish continuation idea. After rejecting the last low and forming a doji candle pattern, buyers continue to do the right things for a potential continuation pattern.
Will we see price contnue to push higher and test 47,540 resistance? We have also reviewed a few aspects of what to look for when scouting for a continuation pattern set-up.
Good trading.
BITCOIN - Long Trade Video - My Reasoning on Small\Large Degree.In this video, I outline the recent shifts in my perspective over the past few days and the reasons behind them. To make reasoned decisions within the context of AriasWave, I needed to identify a point of failure, which I accomplished within the last 24 hours.
When it comes to trading, errors can result in being stopped out, but I've had several successful trades prior to this setback, so it's not overly concerning.
The positive aspect is that we now have a new objective: aiming for the highs. It's crucial to recognize when one's perspective is incorrect and adapt accordingly, or else risk further losses. In this instance, the change in price action has influenced my viewpoint, as it should.
The support level remains at $42,224, with a current target set at $48,000, though this may potentially increase. We'll observe how the situation unfolds.
SOL vs BTC : Where Have I Seen this FRACTAL 🤔📉Hi Traders, Investors and Speculators of Charts📈
Looking at the Solana chart today, something struck me as familiar - but I couldn't place my finger on it. A pattern... where did I see this before?
If you stare at charts about as much as I do, sometimes you start to see trends and correlations between charts. We call these - FRACTALS. These are a great tool to use when scouting for patterns. You can use a fractal in many ways, but I mainly gauge it against what happens next after the fractal on the origin chart.
We're doing the same thing today between SOL and BTC - using an old Bitcoin fractal to predict the potential next move for Solana.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
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BINANCE:BTCUSDT BINANCE:SOLUSDT
BITCOIN - Short Idea Update - Looking For A Move Lower...Up to this point, I've observed various indicators signaling an imminent downward movement. The sluggish progression is attributed to consistently low trading volumes on most weekends.
Despite the gradual unfolding, I want to share my perspective on the current situation. After capitalizing on profits from the corrective bounce, I am now anticipating a breach of the $41,620 lows. Such a breach would validate the conclusion that Wave E concluded at its peak, prompting us to prepare for an eventual downturn.
However, this downturn may not occur immediately.
My purpose in providing regular updates is not to invalidate the view just because a bounce occurred but rather to underscore the importance of comprehending market waves, particularly in a corrective range scenario.
This understanding can prove valuable in building capital during corrective phases.
Target: $41,620 with a stop at $43,745 or more aggressively at $43,490, depending on your understanding and confidence in the wave count.
A break of $42,542 should make the latter more meaningful.
"Your Ticket to the Future of Digital Currency!" - $SHIBShiba Inu Coin: Chart Analysis Indicates Potential for Uptrend Amidst Double Bottom Cup Formation
In the ever-evolving landscape of cryptocurrency, traders and investors are always on the lookout for patterns and signals that could indicate future price movements. One such pattern that has emerged on the chart of Shiba Inu Coin (SHIB) is the intriguing double bottom cup formation, signaling a potential upward movement in market direction.
Understanding the Double Bottom Cup Formation
The double bottom cup formation is a technical chart pattern characterized by two distinct troughs, or "bottoms," that form at approximately the same price level. These bottoms are separated by a peak, forming a pattern resembling a cup. The formation is completed when the price rises above the peak, indicating a potential trend reversal from bearish to bullish.
In the case of Shiba Inu Coin, recent price action has formed a clear double bottom cup pattern, suggesting that the cryptocurrency may be poised for a bullish breakout.
Multi-Year Resistance Turning into Support
One notable aspect of the current chart setup for Shiba Inu Coin is the presence of multi-year resistance, which could potentially serve as major support for an uptrend. As the price approaches this significant level, traders are closely watching to see if historical resistance will indeed turn into support, providing a strong foundation for further upward momentum.
The Compression of the Handle
Another key element of the double bottom cup formation is the formation of a "handle" following the breakout above the peak. This handle typically represents a period of consolidation or retracement before the price resumes its upward trajectory. In the case of Shiba Inu Coin, the handle is forming right at the level of the multi-year resistance, adding to the significance of this price zone.
The compression of the handle suggests that market participants are actively engaged in price discovery, with buyers and sellers vying for control. This tightening range often precedes a decisive move, which traders anticipate will be to the upside given the bullish implications of the double bottom cup formation.
Conclusion: Anticipating a Bullish Breakout
In conclusion, the chart analysis of Shiba Inu Coin reveals a compelling setup with the formation of a double bottom cup pattern. The convergence of factors, including multi-year resistance potentially turning into support and the compression of the handle, suggests that the cryptocurrency may be on the verge of a bullish breakout.
However, it's essential to exercise caution and perform thorough risk management, as cryptocurrency markets can be highly volatile and unpredictable. Traders and investors should monitor price action closely and wait for confirmation of the breakout before making any trading decisions.
As always, it's advisable to conduct additional research and consult with a financial advisor before making any investment decisions. With careful analysis and prudent risk management, traders can navigate the opportunities presented by the evolving market dynamics of Shiba Inu Coin.






















