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LINKUSD rally far from over, targeting $40 at least.Chainlink (LINKUSD) has been trading within a Channel Up since the June 05 2023 Low and in the past 4 months it has been unfolding the 3rd Bullish Leg of this pattern. With the 1W MACD past a Bullish Cross (which has confirmed it), the previous Bullish Leg was about +30% stronger than the previous. Assuming this holds for the current as well, we expect the rally to reach at least $40.00, which will be close to the pattern's top (Higher Highs trend-line) but still way below the 3.0 Fibonacci extension, a level the previous two Bullish Legs approached. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LINKUSDLong
by TradingShot
4
HBARUSD Is this a Bull Flag to 0.47500?Hedera (HBARUSD) is trading below its 1D MA50 (blue trend-line) along with the majority of the market and has found itself within a Channel Down (red) on this correction. This correction may simply be a technical pull-back in the form of a Bull Flag. As long as the 1D MA200 (orange trend-line) holds, which is roughly where the 0.5 Fibonacci retracement level of the June move lies, we expect this Bull Flag to break upwards to at least the 2.0 Fibonacci extension, giving us a 0.47500 Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:HBARUSDLong
by TradingShot
1
BITCOIN The NIGHTMARE BEAR CYCLE fractal that Bulls must avoid!Bitcoin (BTCUSD) has been on a strong correction lately after the August 14 All Time High (ATH) at $124500. Every High since has been sold and the price has found itself below the 1D MA50 (blue trend-line). Whether that's alarming or not yet, this sequence draws a lot of comparisons with the pattern that led to the Cycle Top on 2021. As you can see both patterns started off with Lower Highs that pushed the market to a new bottom on Lower Lows. A 1D Death Cross confirmed the bottom formation (along with a 1D RSI bullish divergence on Higher Lows) and BTC started rising aggressively again, flipping both the 1D MA50 and 1D MA200 (orange trend-line) into Supports and forming a Bull Flag on a 1D Golden Cross. At the end of this sequence in 2021, a Double Top Higher Highs pattern, was what formed the Cycle's Top. Unfortunately for the Bulls' case, this is very similar to the Higher High formation we got on August 14. Even the 1D RSI patterns among those two fractals are similar. Do you think we are in a similar situation as in late November 2021, which initiated the 2022 Bear Cycle? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
14
LTCUSD Will it resume the uptrend and hit $165?Litecoin (LTCUSD) has been trading within a Channel Up pattern since the April 07 Low and in the past two weeks has found itself declining, being on the new Bearish Leg of the pattern. This decline has hit already the 1D MA50 (blue trend-line), where despite the break-out, the price is consolidating around it. Based on the previous Bearish Leg, which reached the 0.618 Fibonacci retracement level before making a Higher Low and rebound into the new Bullish Leg, LTC can reach 95.00 before initiated the next rally. However, the 1D RSI just hit its 5-month Higher Lows trend-line, which indicates that the price might reverse now instead of lower. A sound strategy to account for both possibilities would be to split your normal position size into half and enter both now and if the RSI Higher Lows break, use the rest for one final buy lower. In any case, our long-term Target is the -0.382 Fibonacci extension (like the previous Bullish Leg) at $165.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LTCUSD
by TradingShot
BITCOIN The key importance of the 1W MA20 that was just tested!Bitcoin (BTCUSD) almost hit early this week its 1W MA20 (blue trend-line) and so far it appears to be holding it. Whether that leads into a sustainable rebound or not it remains to be seen but this is historically a critical level for the market. More specifically, as you can see on the charts above, the 1W MA50 has initiated every Cycle's final rally since 2013! To make this special occurrence even more interesting, every such consolidation/ pull-back before the final rally, took place within the August - September period (2021, 2017, 2013). So if it holds once again, we see no reason why it shouldn't start again the Cycle's last rebound. And since the first two Cycles are more similar with each other, we might assume that the current would be more similar with 2017. Since that one topped very close to the 2.0 Fibonacci extension from the low of the final pull-back, we could get a peak this time around $140k. Do you think history will repeat itself again and hit at least $140000? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
17
BITCOIN The August-September bottom cheat sheet!Bitcoin (BTCUSD) has just entered its 2-year Buy Zone, which is a Higher Lows belt that has priced its last 3 major bottoms and since the November 2022 Bear market bottom, has been the most optimal long-term buy entry. A very interesting fact is that the August - September period since 2023 has been such a bottom formation, with the 1W RSI Support Zone, providing an additional confirmation for a long-term buy entry, also present during the March - April 2025 Tariff led correction. As a result, it is highly likely to start seeing the new Bullish Leg starting by the first 1-2 weeks of September, with the previous two rising by +96.86 and +105.80% respectively. That suggests that BTC could marginally surpass $200k before the Cycle peaks. That would also be just below the 2.0 Fibonacci extension from Aprils Low, similar to the December 2024 High. So do you think $200000 is possible for this Cycle? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
31
XLMUSD about to rise parabolically?Stellar (XLMUSD) has turned sideways since the July 14 High (weekly) but remains supported by its 1W MA50 (blue trend-line). The 8-year pattern is an Ascending Triangle and this recent consolidation resembles a Bull Flag formation. The very same pattern was seen in October - November 2017, which after holding the 1W MA50, initiated the final parabolic rally of that Cycle that peaked a little above the 1.618 Fibonacci extension. Attention is needed though as the last 1W Golden Cross was during the last Cycle and led to its Top a few weeks after. As a result, the confirmation to resume the bullish trend would be a break above the top (Lower Highs trend-line) of the Ascending Triangle and in that case, our Target will be $2.15 (Fib 1.618 ext). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XLMUSD
by TradingShot
2
PROM AT RISK ZONE FREE FALL POSSIBLEThe latest data indicate that PROM is in a risk zone and could experience a breakdown. The signal is present; it is now a matter of whether it will be confirmed or not. This provides a reason to monitor the coin closely, tracking the data step by step. This is not trading advice, as markets are inherently unpredictable. We have observed similar signals before on other coins that subsequently experienced a free-fall breakdown. For this reason, we are providing this update.
Short
by SatochiTrader
Massive ALTSEASON ahead.The Crypto Total Market Cap (excluding the Top 10) is staging a strong bounce on its 1M MA50 (blue trend-line), which as you see has been closing all 1M candles above it since November 2023! With the multi-year pattern being a Channel Up, we are experiencing a prolonged Accumulation Phase similar to 2019. That gave rise to a Higher High on the 1.618 Fibonacci extension. This time the accumulation even takes place above the 0.5 Fib. If the same 1.618 Fib Target is repeated, we are looking at a possible 1.63 Trillion market cap. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:OTHERSLong
by TradingShot
18
BITCOIN Are the 0.5 Fib and 1D MA100 coming to the rescue?Bitcoin (BTCUSD) has been trading within a Channel Up pattern for exactly the past 4 months (since April 22) and the recent correction off its All Time High (ATH) has broken below the 1D MA50 (blue trend-line) for the first time since July 02 and is about to test the 1D MA100 (green trend-line). The 1D MA100 has been intact since the day the Channel Up started so it is on its own a strong Support. It gets stronger though, considering that this is where the 0.5 Fibonacci retracement level is from its ATH, which is exactly where BTC rebounded (and priced the previous Higher Low) on June 22. As you can see, there is a very high degree of symmetry among the Bullish and Bearish Legs of the Channel Up and the 0.5 Fib is -11.09% from the recent High, which is again the % correction of BTC's last Bearish Leg. Notice also the similarities between the Bearish Legs' fractals, being on Lower Highs and Lower Lows. A new Lower Low now, would potentially signal the bottom. As far as the next Bullish Leg is concerned, based on the previous one, we can expect a rise to the 1.5 Fibonacci extension, which is at $140000. Do you think history will be repeated once more? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
9
ZRX/USD Main trend. Channel. Fractal.Logarithm. Time frame 1 month. Main trend. Idea for long-term trend orientation on a large timeframe. 0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets in the Ethereum blockchain without relying on centralized intermediaries such as traditional cryptocurrency exchanges. The price has fallen by -93% from the high of pumping. Pump/dump channel. Possible fractal recurrence based on the logic of the previous secondary trend. The potential is quite significant. Suitable for position trading. Rational to work from the average buy/sell price. The price is approaching the zone of previous lows, but the slippage can be by a significant percentage at the moment of “fear peak”. Trading volume. Holder Addresses. Pay attention to the minimum trading volume of the last year (this whole downtrend) compared to the past cycles. To understand why it is so, trace the main mass of large and medium addresses of this coin. Activity, time of creation. This is what it looks like on a line chart if the “market noise” is removed.
BINANCE:ZRXUSD
by SpartaBTC
6
BITCOIN 2020 fractal gives huge buy signal now.Bitcoin (BTCUSD) broke below its 1D MA50 (blue trend-line) emphatically for the first time in 2 months, sounding short-term fear alarms ahead of the key macroeconomic news of this week. The 1D RSI hit 40.00 however, which has been an automatic buy on both major recent lows (August 01 and June 21). Short-term aside, it is a fractal from BTC's last Cycle in 2020 (chart on the right) that perhaps offers the most comprehensive long-term outlook, which is what has always helped us maintain an objective, stress-free perspective. As you can see, both today and 2020 fractals display not only similar price actions but also RSI sequences. Even though naturally the 2020 rebound on the Pivot trend-line has been way more aggressive as the market was still recovering and adjusting the price from the COVID crash, today's price action display's similar phases but in a more sustainable rise. Based on the RSI fractals, we could be in similar phase as early December 2020. This suggests that there is still upside potential that may extend to as high as 150 - 170k before this Cycle is over. Do you think that this is a solid Profit Zone for the Cycle? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
ENAUSD 1D Golden Cross targets 1.10500.Ethena (ENAUSD) has been trading within a Triangle pattern ever since it's very start and since the June 22 Low it's been unfolding the new Bullish Leg Following the formation of a 1D Golden Cross (August 08), this sequence resembles the November 28 2024 Bullish Cross, which was the pattern's previous Bullish Leg that peaked just above the 0.9 Fibonacci retracement level. Based on that, our short-term Target is 1.10500 right at the top of the Triangle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ENAUSDLong
by TradingShot
BITCOIN Below its 1D MA50. Is there any Support?Bitcoin (BTCUSD) broke today below its 1D MA50 (blue trend-line) for the first time since July 02, having previously rebounded on it (August 02) on a perfect technical bounce that delivered a new All Time High (ATH). Naturally, the 1D MA50 is the first medium-term line of Support and last time it broke convincingly, the price found a bottom (June 22) closer to the 1D MA100 (green trend-line). That was during BTC's previous Accumulation Phase of the 4-month Channel Up. If that pattern is repeated, then Bitcoin's next Support could be within 112000 - 111000. On top of that, it would be useful to keep an eye on the 1D RSI, which is printing a pattern similar to he previous Accumulation Phase that bottomed on the 39.00 level. As far as the next High is concerned, if it repeats the +22.72% rise that the previous Bullish Legs delivered from the 1D MA50 contact, then we're potentially looking at $137000 as the pattern's next Higher High. So what's your view? Do you think the 1D MA100 will come to BTC's rescue and push it to $137k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
1
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 15 2025Technical Analysis and Outlook: During the current trading session, the Bitcoin market has exhibited considerable volatility, marked by a notable retest of the completed Outer Coin Rally 122000 with a significant pullback to the Mean Support 116600. Current analysis suggests that the cryptocurrency may attempt to rebound from Mean Support at 116600, targeting Key Resistance at 123500. Furthermore, there is potential for this renewed rally phase to progress toward our next objective: Outer Coin Rally 126500. Conversely, a substantial pullback from Key Resistance 123500 is a high possibility before the upward trajectory continues.
BITSTAMP:BTCUSD
by TradeSelecter
MINIMA - Technical Analysis. Are we entering a bull market?MINIMA - Technical Analysis. Are we entering a bull market? Hello! I am returning to an analysis of MINIMA. This market is remarkably interesting in both its structure and behavior. Today, I will review the latest structure and place it in the broader context, including the history observed on the Wrapped version. Unfortunately, TradingView does not allow overlaying two charts outside their native ranges, so I will refer to data from both Wrapped and MINIMA. Let’s begin. I do not have formal education in this field. I am self-taught and place strong emphasis on Technical Analysis as the core of my decision-making process. While charts are difficult to read, I think they allow one to infer, to a meaningful extent, the hidden intentions of so-called “Smart Money.” The views below are strictly my own and may be incorrect. This publication does not constitute investment or educational advice as defined by any applicable regulations. I will rely solely on Technical Analysis based on the Wyckoff methodology, VSA, and footprint analysis. Background As background, I use the WMINIMA chart supplemented by current MINIMA quotations. WMINIMA data show periods of distribution and accumulation on the higher timeframe. A key observation for me is the strong breakout around March 2024: price surged sharply and then printed a new, deeper low. The downtrend subsequently stalled at a higher low and transitioned into a range. On the charts, I mark accumulation/distribution structures relevant to the analysis. Technical analysis and interpretation For this study I created a composite view to capture the full history. The composite lacks full volume because WMINIMA does not provide it. For context, one of my archived screenshots shows the last visible candle at roughly 1.4 million in volume; based on bar height I estimate the highest volumes to be around 6 million. pbs.twimg.com I annotate events in line with Wyckoff. In Phase A of accumulation, I label the Selling Climax as “Seller’s Exhaustion,” as in my view the bar structure does not fully match a classic Climax Bar known from VSA; however, the message is the same - significant accumulation. I first consider the highest-order, global structure marked in red. I observe rising volume on the advance that builds what I mark as an Upthrust. The next area of elevated volume begins around July 2024 - a demand response to declining price within the price zone that preceded the breakout. Both high-activity zones are in comparable price areas. I then move to the current MINIMA chart. On MINIMA, I see a local volume spike during the formation of the ATL (all-time low). I also note declining volume on the drop from a local top I labeled an Upthrust - this is a lower-order structure than the red one; I mark it in orange. Following this path leads to the area with the highest volume, which I interpret as Phase C of the orange structure. It is characterized by very high volumes(1W ~50kk to 6kk volume from 1W WMINIMA) and minimal spread. In my view, this indicates strong absorption by smart money - behavior consistent with “Bag Holding” in the Williams/VSA framework - similar to the candle that halted the decline at the ATL. To validate this, I zoom in with a 1-month footprint. The 1-month view shows the last two candles with very large volumes. The three most recent candles all have negative delta, and delta represents a significant share of total volume. The buy/sell relation suggests aggressive, dominant selling. However, price does not fall despite repeated attempts to push it lower. I analyze where volume clusters within one standard deviation. The candles have lower wicks- particularly in June - suggesting a Shakeout. Given the negative delta and the price response, I conclude there is a lack of result relative to the effort: aggressive supply has been absorbed, with the largest market orders printing within a narrow price band. In my interpretation, the orange structure is a lower-tier structure functioning as Phase C of the red, global accumulation. Considering the above, I judge it highly probable that these observations confirm ongoing accumulation. I place particular weight on the footprint: the activity occurred at the right place and time. The asset recorded the highest volumes in its history at what I think is Phase C of the global accumulation. Moreover, the market’s failure to decline under heavy selling reinforces this view. At this stage, I consider the possibility of an accumulation spring that could push price once more lower - potentially below the ATL - taking out the structure; I justify this by the still elevated volumes. I also note prior resistance and consider that a potential shakeout low could terminate around 0.0138 USD. All in all, I think this market is worth monitoring. Confirmation of my thesis would be successful supply tests resolved in favor of the bulls, followed by development consistent with Wyckoff: Last Point of Support (LPS) leading to a Sign of Strength (SOS) and a Jump Across the Creek (JAC). Thank you for reading. I wish you good health, effective analyses, and successful trades. CatTheTrader
Long
by CatTheTrader
1
Heikin Ashi Trade Idea📈 Hey Traders! Here’s a fresh outlook from my trading desk. If you’ve been following me for a while, you already know my approach: 🧩 I trade Supply & Demand zones using Heikin Ashi chart on the 4H timeframe. 🧠 I keep it mechanical and clean — no messy charts, no guessing games. ❌ No trendlines, no fixed sessions, no patterns, no indicator overload. ❌ No overanalyzing market structure or imbalances. ❌ No scalping, and no need to be glued to the screen. ✅ I trade exclusively with limit orders, so it’s more of a set-and-forget style. ✅ This means more freedom, less screen time, and a focus on quality setups. ✅ Just a simplified, structured plan and a calm mindset. 💬 Let’s Talk: 💡Do you trade supply & demand too ? 💡What’s your go-to timeframe ? 💡Ever tried Heikin Ashi ? 📩 Got questions about my strategy or setup? Drop them below — ask me anything, I’m here to share. Let’s grow together and keep it simple. 👊
COINBASE:LTCUSDLong
by Matej_trader
SUIUSD; Heikin Ashi Trade Idea📈 Hey Traders! Here’s a fresh outlook from my trading desk. If you’ve been following me for a while, you already know my approach: 🧩 I trade Supply & Demand zones using Heikin Ashi chart on the 4H timeframe. 🧠 I keep it mechanical and clean — no messy charts, no guessing games. ❌ No trendlines, no fixed sessions, no patterns, no indicator overload. ❌ No overanalyzing market structure or imbalances. ❌ No scalping, and no need to be glued to the screen. ✅ I trade exclusively with limit orders, so it’s more of a set-and-forget style. ✅ This means more freedom, less screen time, and a focus on quality setups. ✅ Just a simplified, structured plan and a calm mindset. 💬 Let’s Talk: 💡Do you trade supply & demand too ? 💡What’s your go-to timeframe ? 💡Ever tried Heikin Ashi ? 📩 Got questions about my strategy or setup? Drop them below — ask me anything, I’m here to share. Let’s grow together and keep it simple. 👊
COINBASE:SUIUSDShort
by Matej_trader
2
BITCOIN The vast importance of the Pivots. Is $180k possible?Bitcoin (BTCUSD) is most likely starting the new Bullish Leg of this Cycle, as stated on our recent analysis following the 1D MA50 (red trend-line) rebound. Today we point out the critical role of Pivot trend-lines, which throughout the entirety of the current Bull Cycle, have provided a Support level and initiated massive rebounds. Those Bullish Legs not only tend to be similar in strength (+60% to +92%) but the time between their starts is roughly the same (39 to 46 weeks). Given also the fact that the 1W RSI has printed the same kind of consolidation it always forms when such a Bullish Leg started, we do expect a strong rally next, which if the +60% minimum rise holds, may very well be as close as $180000. So do you think BTC can reach $180k before this Cycle is over or it's too high? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
14
DOGE Can its 1st 1D Golden Cross in 9 months make it skyrocket?Dogecoin (DOGEUSD) just completed yesterday its first 1D Golden Cross formation in 9 months! The last one (November 05 2024), was right before the previous Bullish Leg of the 2-year Bullish Megaphone exploded. As you can see on the chart, both previous Bullish Legs peaked on the 3.618 Fibonacci extension from their respective bottoms. Those were the pattern's Higher Highs. If this is repeated, we can expect Doge to touch $1.1500 (as close to Fib 3.618 as possible), even by the end of this year. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOGEUSDLong
by TradingShot
1
BITCOIN Can it break above this 3-year Resistance and hit $200k?Bitcoin (BTCUSD) is extending its main 1W MA50 (blue trend-line) fueled rebound, which only recently confirmed the continuation with a short-term bounce on the 1D MA50. The short-term setting is transferred now back to the long-term and the next Resistance, which is the middle (0.5 Fibonacci level) of the macro Channel Up, that has been dominating BTC's price action since late 2017. The 0.5 Fib has made its last rejection/ failed attempt to break on December 16 2024. It's been holding as a Resistance since May 02 2022. The last two Cycle Tops however haven't only been priced above the 0.5 Fib but above the 0.786 level too (obviously as close to the Channel Top as possible). As a result, if BTC does break above the 0.5 level, a 'mere' test of the immediate upper Fib (the 0.618) could be translated by the end of the year (timing of Cycle Top) to a $200k test. That would also be a test of the Top of the 1st SD above (red Zone) of the Mayer Multiple Bands (MMBs), which is technically still within high tolerance levels. So do you think we can get near $200k by the end of the year if the 0.5 Fib breaks? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
1
BITCOIN Can $160k be the Top???Bitcoin (BTCUSD) closed last week on strong bullish fashion as it completed a formidable green 1W candle following a technical bounce on its 1D MA50 (red trend-line). This is a strong bullish signal as every time the (orange) Fibonacci Channel rebounded on its 1D MA50 after a 1W MA50 (blue trend-line) bounce, BTC extended the uptrend towards a new technical Higher High. Based on the 1W LMACD, we could be roughly half-way (blue circle) through such a Bullish Leg. As you can see, those Bullish Legs have typically made rounded Tops (red Arcs), with the last two both breaking above the Fib Channel's 0.236 level. At the same time, on the horizontal Fib level, the sequence has applied significant importance to every .618 and .0 interval, with peaks on the 0.618, 1.0, 1.618, 2.0, 2.618. Now what's left realistically before the end of the Cycle at the end of the year are 3.0 and 3.618. As a result, a rather modest potential Top projection is $160000, which is even conveniently placed just below the 0.236 Channel Fib from late October onwards. Do you think that could be a potential Cycle Top candidate? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
6