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BITCOIN Trump and the 1D EMA100 saved the day!Bitcoin (BTCUSD) rebounded yesterday on its 1D EMA100 (green trend-line) and along with Trump's truce announcement between Israel and Iran, it sent the market into a buying frenzy and back above the $105k mark. Technically, the 1D EMA100 isn't something to be ignored as since the November 2022 market bottom, each Bullish Leg (Channel Up) that started had a contact (or near) with it that resulted into a considerable bullish extension. The 1st Channel Up even breached below it, but after rebounding, it reached the 1.382 Fibonacci extension before the next correction. The 2nd Channel Up rebounded exactly on the 1D EMA100, and reached the 1.618 Fibonacci extension. The 3rd Channel Up almost hit the 1D EMA100 and then rebounded to the 2.0 Fibonacci extension. It is obvious that the pattern follows a progression and each Fib extension peak is higher than on the previous Channel Up. As a result, it is not unlikely to see a High even above the 2.0 Fib ext ($168k) on the current (4th) Channel Up, however on the short-term we would still welcome the 1.382 Fib 'minimum' expectation, targeting $130000. Do you think we should at least be expecting that? 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
BITCOIN Is this just a giant Bull Flag??Bitcoin (BTCUSD) saw a strong sell-off yesterday in the aftermath of the U.S. strike in Iran and fears of retaliation, but in later hours recovered some of the lost ground. The recovery is being extended into the Asian and early E.U. hours today and the emerging Channel Down pattern already draws strong similarities with the one in December 17 2024 - January 13 2025. Both broke below their respective 1D MA50 (blue trend-lines) to form a Lower Low, which in the case of Jan 2025, it initiated a rebound that tested the All Time High (ATH) Resistance. See also how similar their 1D RSI patterns are, testing the same Support level too (41.20). Given that this time the uptrend has been much shorter since the April 07 2025 Low, this Channel Down may be nothing but a giant Bull Flag in the middle of a standard Bull Cycle Leg. Until confirmed with a 1W candle closing above the ATH Resistance though, the medium-term Target is $111900. Notice also the formation today of a 1D MA100/200 Bullish Cross, the first since November 13 2024. So what do you think? Is $111900 your short-term Target? 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
BITCOIN This is the long-term picture. Don't get distracted.Bitcoin (BTCUSD) has been consolidating lately after making a new All Time High (ATH) last month and this is already making part of the market nervous over whether that's the Cycle Top or not. This is one of those times when it would be best to ignore the short-term noise/ volatility and stick to the long-term picture. And that's exactly what's shown on this chart, with BTC on the 1M time-frame showing the incredible symmetry among its 4-year Cycles, with Bear Markets lasting 12 - 13 months and Bull Markets 35. Based on that, this Cycle's Top is expected to be priced by October (2025). This also matches the Sine Waves as implied by the 1M RSI, which as been trading within a Channel Down (diminishing returns) since Bitcoin's inception. So do you also think that we have around 4 months before the market tops? 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
ETHEREUM Battling to hold its 1D MA50.Ethereum (ETHUSD) has been trading within a 5-week Channel Up pattern and in the past 2 days almost tested its 1D MA50 (blue trend-line). So far this is holding, showcasing the strong presence of buyers in that price region, which also happens to be the bottom of that Channel Up. Ahead of a 1D Golden Cross that may potentially be formed in a week or so, this is the strongest buy signal we get since the April 09 bottom. Given also that the price is trading close to the 0.5 Fibonacci retracement level from the December 16 2024 High, the upside potential is significant. The obvious medium-term Target is that High at 4100. ------------------------------------------------------------------------------- ** 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:ETHUSDLong
by TradingShot
1
BITCOIN All boxes checked. Couldn't be more bullish than this!Bitcoin (BTCUSD) has filled numerous bullish conditions with the latest being holding the 1D MA50 (blue trend-line) as Support. This is basically the 3rd time testing and holding it since June 05. Even if that doesn't hold, we have the 1D MA200 (orange trend-line) directly below it as the ultimate long-term Support. This trend-line just so happens to be exactly on the neckline of the Right Shoulder on the long-term Inverse Head and Shoulders (IH&S) pattern that has been in development since December 17 2024. On top of all these, the market also formed a 1D Golden Cross a month ago, always a strong long-term bullish signal. IH&S patterns typically target their 2.0 Fibonacci extension, which sits at $168000. Is that another indication that Bitcoin is going after 150k at least on its next run? 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 The secret trend-line that no one notices..Bitcoin (BTCUSD) was under heavy selling pressure yesterday and even the 1D time-frame turned marginally bearish. What most seem to ignore however is the larger picture. On the 1W time-frame, BTC has managed to close the last 5 weeks above the Pivot trend-line. What that trend-line is? It is the level that initially started as a Resistance from December 09 2024 to January 27 2025, closing all 1W candles below it, despite occasional candle wicks breaking above it. That confirmed it's status as a Resistance at the time. Now we see the opposite, five straight 1W candles closing above that Pivot line. Check in particular, how flat the last two 1W candles closed, showcasing no just the high volatility that the market is under in the past weeks, but also the same amount of sellers and buyers existing in the market (neutral). This is an indication that this is a consolidation phase, preparing BTC for the next rally. If we place the top Fibonacci level (1.0) on that Pivot, we get the 2.0 Fib extension just above the $145000 mark. That gels perfectly with various other studies we've conducted showing a similar long-term Target. So do you think the Pivot line will hold and push Bitcoin to $145k? 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
7
BITCOIN Is exactly where it should be this time on every Cycle!Bitcoin (BTCUSD) has made a new All Time High (ATH) last month, following the April 2025 rebound on the 1W MA50 (blue trend-line). No matter how odd this price action may look to some, BTC is simply replicating the pattern it has during every past Cycle around this time of its final year. As you can see, besides April 2025, it made 1W MA50 pull-backs and rebounds on June 2021, July 2017 and July 2013. The consistency is remarkable and since we are already now half-way through June, historically Bitcoin only went upwards! In fact, those pull-backs have been the strongest the market saw before the Cycles peaked on each and every occasion. Two Cycles peaked just above the 2.0 Fibonacci extension while in 2017 it peaked a little below the 5. Fib ext. This indicates that the minimum Cycle Top we can be expecting towards the end of the year is $160000 (marginally below the 2.0 Fib ext). Many studies point towards the same Target. Do you think it's inevitable? 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
10
BITCOIN Cup and Handle making double bounce on the 1D MA50.Bitcoin (BTCUSD) is about to complete a Cup and Handle (C&H) formation, having consolidated for almost a month since the May 22 All Time High (ATH). What makes the bullish potential even stronger is that it is rising after making a Double Bottom on the 1D MA50 (blue trend-line) for the first time since October 10 2024. Given that the long-term pattern is a Channel Up and the 1D MA50 is acting as its natural support trend-line, the Cup and Handle can provide a short-term Target on its 2.0 Fibonacci extension at $122000. On the long-term the Channel Up still has the potential to lead it much higher. So do you think that 122k is achievable after this Cup and Handle making double bounce on the 1D MA50? 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
5
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 13, 2025Technical Analysis and Outlook: Throughout the past week, Bitcoin has exhibited considerable volatility. After reaching a peak at the first Mean Resistance level of 109500, the cryptocurrency experienced a significant decline. Nevertheless, on Friday, Bitcoin demonstrated a notable recovery, ascending to a newly established resistance now designated as the new Mean Resistance level marked at 110300. At this juncture, Bitcoin is retracing downward as it retests the initial Mean Support level of 104000 while aiming to target the Mean Support at 101500 and the ultimate Inner Coin Dip at 96500. It is essential to recognize the potential for an upward rally from the Mean Support levels of $ 104,000 and/or $ 101,500, which could culminate in a retest of the Mean Resistance level of $ 110,300.
BITSTAMP:BTCUSD
by TradeSelecter
BITCOIN is only now starting the final Cycle rally!Bitcoin (BTCUSD) took a hit overnight following the Israel attack on Iran and at the moment the consequences of that action can't be quantified in great detail but on the long-term the bullish trend seems intact. In fact it remains below the historic Pivot Growth Curve (PGC) that has separated BTC's peak pattern (green Arcs) from bottom and accumulation (red Arcs), and could be tested by next month. Once broken, the real rally towards the Cycle's peak can start, with most previous studies we conducted showing that $150000 is a fair (if not modest) estimate. Are you worried about the latest geopolitical conflict or this chart is enough to give you long-term assurances? 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
BITCOIN Megaphone is the last step before $150k.Bitcoin (BTCUSD) is repeating almost to the exact point the 2023/ 2024 uptrend, as right now it is in the process of forming a Megaphone pattern similar to the one during December 2023 - January 2024. Before that, both patterns started the uptrend when a 1D Death Cross formed the bottom. After the 1st Bullish Leg, a Channel Up on a 1D Golden Cross marked the transition to the 2nd Bullish Leg that eventually led to the Megaphone. In 2024, when BTC broke above the Megaphone, it started the final Bullish Leg that peaked a little above the 1.786 Fibonacci extension from the bottom. During that process, the 1D RSI sequences among the two fractals have been similar. As result, aiming for the $150000, which is marginally below the 1.786 Fib ext, is a solid target. Do you think the pattern will continue to be repeated? 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
8
ETHEREUM This Megaphone emerged on all previous Cycles.Ethereum (ETHUSD) is showing incredible strength at the moment as it broke above its 1W MA50 (blue trend-line) and its goal now will be to close the week above it. This resembles May 2020 and January 2017 when again the price was struggling to break above its 1W MA50, all within a similar Megaphone pattern, and eventually succeeding. The similarities among those 3 patterns so far are striking despite being formed on different Cycles. As you can see, we are currently on the 0.618 Fibonacci level of the Megaphone, which is exactly where ETH was during the other 2 Cycles when it tested the 1W MA50 and broke out. Once the 1W MA50 turned into Support, the market never looked back and initiated the parabolic rallies of 2020/ 2021 and 2017. Based on that, we expect ETH to test the 1.5 Fibonacci extension, around $7000. ------------------------------------------------------------------------------- ** 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:ETHUSDLong
by TradingShot
5
BITCOIN Is 'Bullish June Seasonality' about to kick-in?Bitcoin (BTCUSD) has started June on a very promising note, recovering most of last week's losses and is potentially headed for a new All Time High (ATH). This however, should be no surprise as BTC has exhibited amazing strength during the month of June and onwards since 2013. As this chart shows, the market has historically rallied on June, in fact it is the month that kick-started Bitcoin's final rallies towards the Top on its last three Cycles. Based on the 2W RSI, which is ranging within the 0.236 - 0.618 Fibonacci levels, we can argue that the price action is closer to June 2017 than other Cycles. As to how high it can get to, we've analyzed that on other studies, the current analysis only serves to show you that historically we are set for a strong 'Bullish June Seasonality' effect. Do you agree that this is about to kick-in? 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
BROADCOM Pull-back to demand zone possible before new High.Broadcom Inc. (AVGO) is currently on a 3-day pull-back that started right on the 0.786 Fibonacci level of the 2.5 year Channel Up. The 1D RSI got heavily rejected from deep inside the overbought zone (>70.00) to back down below it and the only times that happened within this pattern, was during short-medium term pull-backs towards its 1D MA50 (blue trend-line). As a result, the current pull-back can extend a little more towards the 1D MA50 and then rebound. Given a +15% added increas on each Bullish Leg of the Channel Up, we expect to see $320 next. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AVGOLong
by TradingShot
2
BITCOIN The beauty of structured patterns. $150k is next.Bitcoin (BTCUSD) has invalidated all bias calling for a deeper pull-back after May's new All Time High (ATH), as yesterday it broke above the previous ATH Resistance, invalidating the short-term Head and Shoulders pattern, while rebounding last week exactly on the dashed Lower Highs trend-line, confirming it as a Support level. Within BTC's 3 year Channel Up pattern, we have seen this price action structure another 3 times. The minimum rise on such pattern has been +101% and that wasn't even a Lower Highs rebound. The other two that were exactly like the current formation, increased by a lot more. As a result, we expect Bitcoin to complete a minimum +101% rise from the April 07 bottom, which translates to a clean $150000 Target. Do you think the structure ill continue to hold up to $150k and possibly beyond? 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
ETHEREUM is repeating BITCOIN's 2018-2021 Cycle!Ethereum (ETHUSD) has found itself on a very strong rally since the April 07 bottom, which resembles the V-shaped recovery of Bitcoin on the March 09 2020 bottom. In fact BTC's whole 2018 - 2021 Bull Cycle resembles ETH's 2022 - 2025 Cycle so far. So far ETH is struggling to break above its 1W MA50 (blue trend-line) but the most important Resistance of the Cycle is the ATH Lower Highs trend-line. When that broke for Bitcoin, a parabolic rally started. Do you think we will see such a break-out on ETH too by the end of the 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:ETHUSDLong
by TradingShot
8
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 6, 2025Technical Analysis and Outlook: Bitcoin has experienced a notable downturn throughout the week; however, on Friday, it made a substantial upward movement, effectively recovering all previous losses. It is currently positioned to establish a temporary pause at the Mean Resistance level of $106,000, which may facilitate the development of upward momentum from this point. This situation may pose challenges to achieving the Inner Coin Rally target of $ 114,500, which is contingent upon the Mean Resistance at $ 109,500 and Key Resistance at $ 111,700. It is essential to acknowledge the possibility of a downward pullback from the Mean Resistance level of $106,000, which could result in a decline toward the Mean Support level of $101500.
BITSTAMP:BTCUSD
by TradeSelecter
BITCOIN Log Channel and Waves show we're nowhere near the top.This is Bitcoin (BTCUSD) on its Logarithmic Growth Channel with the use of Rainbow Waves on it. This model accounts for the Halvings (light blue vertical lines) and with the use of Fibonacci Time extensions, it estimates the potential Cycle Bottoms (green vertical lines) and Tops (red vertical lines) within the Parabolic Growth Curve. A fair value is estimated around the purple trend-line (zone top and bottom) as well as a maximum (red trend-line) and minimum (light blue trend-line) wave. Interestingly enough, BTC hit that minimum wave trend-line on the April 07 2025 Low for the first time since June 17 2017, making it the strongest buy signal we could get at this stage of the Cycle. So based on all the above, Bitcoin is nowhere near the top of its Cycle and this isn't just because it hasn't yet touched the next red vertical line (Time Fib 4.382) which is on October 27 2025, but also because it is currently trading below the Fair Value Zone (even below its bottom half). Both previous Cycles topped considerably above that Fair Value Zone and almost hit the maximum wave. Even if by October 27 2025, Bitcoin 'only' hits the purple (Fair Value) trend-line, it would have reached $135000 and if earlier it can even hit $145000. That is the bare minimum based on that model. If it hits the top of the Fair Value Zone by October 27, then we can see prices as high as $180000 even. Which price do you think we are more likely to see? 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
2
FETUSD is an excellent buy, targeting at least $3.75Artificial Superintelligence Alliance (FETUSD) or otherwise known as FETCH.AI has been trading within a multi-year Channel Up and right now is on its latest Bullish Leg and quite possibly the last for this Cycle. Given that all similar Bullish Legs that started with 1W MACD Bullish Crosses that low, grew by at least +1012%, we expect a minimum Target for this Cycle at $3.75. If it follows the more aggressive +2041% rise of 2023/ 2024, we can even see $7.00 but that is the more optimistic scenario. ------------------------------------------------------------------------------- ** 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:FETUSDLong
by TradingShot
6
BITCOIN under brutal 4H squeeze. Buyers or sellers will prevail?Bitcoin (BTCUSD) is currently under the strongest squeeze we've seen this year as it's being compressed between the 4H MA50 (blue trend-line) and 4H MA200 (orange trend-line). Such tight price action usual precedes explosive moves. Technically two patterns prevail: a long-term Channel Up and a short-term Head and Shoulders (H&S). Naturally, as long as the Channel Up holds (and is still valid), the pattern will attempt to push the price to he 2.0 Fibonacci extension at $121500 (and higher). If on the other hand it breaks (4H MA200 would be an early signal), the H&S may push the price to the -1.0 Fibonacci extension at $95000. So what do you think? Which pattern will prevail? 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
10
BITCOIN Will it catch up to the rising Global Liquidity again?Bitcoin (BTCUSD) is attempting to stage yet another short-term rally on its Tariff War recovery Bullish Leg but the picture is even more interesting on the long-term. This is a simple yet very powerful and explanatory chart where it shows that every time the Global Liquidity (blue trend-line) led the uptrend and started rising before BTC on this Bull Cycle (since the November 2022 bottom), BTC eventually caught up to the trend and closed the Gap. This time Global Liquidity has been rising since the start of the year (early January) while Bitcoin only started to do so since April 07. Even if the Global Liquidity pauses here, Bitcoin still has the potential to continue rising irrespectively. How high do you think this can go? 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
BITCOIN Is this even a possibility?Bitcoin (BTCUSD) is currently on a short-term pull-back, following the impressive rally to new All Time Highs (ATH) from the April 07 bottom. This first 'serious' short-term relief correction has stopped on the former Lower Highs trend-line, which previous acted as a Resistance and is now holding the price from further downfall, acting potentially as Support. This is the exact same price action that BTC had during its break-out from the previous Lower Highs trend-line last October. The symmetry between the two fractals is remarkable as not only did they both form their 1D Death Cross patterns on their bottoms and their 1D Golden Cross patterns on the Lower Highs break-out but also their Phase 1 rallies (1st Bullish Leg) have been exactly the same: +49.58%. As a result, as long as the Pivot holds, there is a good chance we see a strong rebound, which if it holds the same total symmetry of the previous fractal, it should peak at +120%, which gives a $164000 Target. Do you think that's even a possibility? 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
DOGEUSD Fibonacci Channel shows minimum $1 Target end of year.Dogecoin (DOGEUSD) has held perfectly its 1W MA200 (orange trend-line) on the April 07 bottom, rebounded and is now consolidating around its 1W MA50 (blue trend-line). This consolidation shouldn't last for too long as based on the previous Cycles, this 1W MA200 test was the new bottom that should kick-start the final year rally. As you can see, DOGE's historic pattern since its first trading day has been a Channel Up, which with the added element of the Fibonacci lines, only broke during the 2021 Top formation on its 1.5 Fib extension. A key characteristic of the final year of each Bull Cycle is that after a 1W Golden Cross is formed, the price has always first hit the Mayer Multiple Bands (MMB) 2SD above (thin orange trend-line) and shortly after the MMB 3SD above (thin red trend-line). So far the current Cycle has only hit the MMB 2SD because as the pace of this Cycle naturally slowed down (the higher the cap the slower the pace), it didn't go straight for a MMB 3SD test. Despite the delay, the Fibonacci Channel along with the MMB give, in our opinion, two Target levels for this final year of the Cycle, a fair one and an optimistic. The fair one is at $1.00, which would make a perfect test of both the MMB 3SD and the 1.0 Fib ext at the top of the Channel Up. The optimistic is at $3.5 (potentially even higher), which would be exactly on the 1.618 horizontal Fibonacci extension (still below the 1.5 Channel Fib), which was the January 2018 Cycle Top and of course was greatly exceeded during the May 2021 Cycle Top. ------------------------------------------------------------------------------- ** 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
3