It isn't over my friend... Why so hurried? Why should it be over? It is growing and set to continue doing so long-term. ➖ Final resistance DOGEUSDT (Dogecoin) is facing one final resistance level at $0.47 before a new All-Time High. It isn't over based on the chart. Last week DOGEUSDT closed with a long lower wick on the weekly candle. It moved below $0.39 but closed high up on the session. This week the same pattern is repeating. $0.39 was tested as support but the action is happening at the high of the session. So far we have a bullish hammer. These candlesticks are telling us that buyers are present and sellers are being bought. These candles are giving us a clear signal, they are saying, "we are about to challenge resistance again... Dogecoin is going up!" The same resistance from 18-November that produced a multiple years high price. Since we have all this bullish momentum and this resistance has been challenged once already, next time it is very likely to break. Any trading above $0.39 is hyper-bullish. So if it doesn't break, DOGEUSDT will try again; but sellers are not present. If they are present, they are at a loss. Maybe you are a seller. You can sell, take profits and go home, but the market is going up. Dogecoin is going up and will continue going up. The chart is saying so, Bitcoin is saying so; I am telling you so... Thanks a lot for your continued support. ➖ New All-Time High $1.16 The next main level to look for is $1.16 but this isn't the end, we have higher prices on the deck, there will be more in this bullish wave. These are shown on the chart. Short-term, also shown, after the $0.47 level is taken out, resistance will be met first at $0.59, but it will break easy, followed by $0.74. This latter one can hold. As soon as we move above $0.47, we are guaranteed to go beyond $1. Why? Because of Bitcoin. What one does, the rest follows. Bitcoin moved first and it moved really strong. It grew massively above 74K and is now trading at 100K+. When we compare this to Dogecoin, this means $1 and beyond. The major levels above $1 are $1.85, $2.54 and $3.24... You are the most amazing creation in the whole world. There is nothing like you... You have the divine spark which is your Soul. Namaste.
Big W structures are all over the market. Harmonics are probably the most useful thing I know in terms of accurately predicting the important inflection points in markets. When there are harmonic reversals, they tend to come in essentially right on the nose (with a bit of stop hunting) and the failure of harmonics as a reversal is typically a strong trend continuation formation. I love it when big harmonics set up because I almost always make money. Sometimes I make money in the reversal, sometimes I make money in the breakout - and I am equally happy with either one. Unless I have extremely good reason to fade the harmonics, I'll tend to default to betting on the reversal. Few reasons for this. One is I love to trade asymmetrical RR and harmonic reversals always offer this. Second is harmonics will often at least fake a reversal and give scope to get stops into even and freeroll the reversal. Finally, I somewhat feel harmonic reversal trades are "Free to lose" because 90% of the time I'm going to make between three to seven times what I lose when I see the pattern has failed and flip bias. When big harmonics form, big decisions are made. At this point I basically consider this to be a Law of the market. Generally agnostic on if it will be up or down, but strongly expect it will pivotal decision. Here's a dump of massive harmonics. https://www.tradingview.com/x/TYKqNWiB/ https://www.tradingview.com/x/mT1UFOwX/ https://www.tradingview.com/x/MyaAgqUa/ https://www.tradingview.com/x/Hc52JZle/ https://www.tradingview.com/x/hR259sLE/ https://www.tradingview.com/x/OQLPQps3/ https://www.tradingview.com/x/XwZaGhHj/ ===== They are ... everywhere. Something exciting is going to happen. I find it essentially impossible there this big a confluence of harmonic patterns and something spectacular does not follow.
Not financial advice! Not a professional! Just trying to learn! lol I will try to get in XLM around the 0.480250 support level If XLM breaks the support my next target area is around 0.4555 Good luck hunting!
Hi guys, hope you are doing good)) ** Time frames of the analysis are 4H & daily.. on the chart currently is the 1d frame ** The index big overall view is bullish and it does HH and HL which I marked them by numbers but we are on the correction bearish temporary wave to try to create another HL to start again to go to another HH and so on.... ** My TP1 and TP2 are marked on the chart by horizontal lines with price tags too ** The big yellow rectangle represents the consolidation zone which I avoided to trade at except the price breaks through up or down and once it broke down through, I made that idea as it became clearer now ** The index should settle on the purple uptrend line to take the power back or lose it and fall down more but anyway it will go there, but the market whalers know how we think well so they use the cards in their hands like a retrace to the upside from the current level to the most important price currently 44735 or higher but then it will go down to visit the daily uptrend line ** Plz consider too that the Fib 23.6% was not settled on by index yet so it did not meet the same point of the trend line by chance! it is the work of the market whalers and needs certain people to read their minds and go along with them otherwise no losers will be at markets.. it is not about chart alone, it is more about understanding the whalers! how they think and what they want.. Whalers are liquidity providers, banks, ETFs and funding establishments along with individual so rich people like me hehehe (joking) who not by chance too think all in same way that is why they become more rich and the poor stays poor or poorer because it is about the mind set, not only a chart! or a circumstances! true! ** Also the daily down should be filled but i do not depend on the daily gap to be filled as there are three daily gaps already further down which index did not fill yet! ** TP1 is the high and TP2 is the top of the body candles of 11th and 12th Nov. ** In case the purple uptrend line will be broken by a closed minimum daily candle, so I will make another idea then. ** Try to open the chart and make it bigger to see the view better or zoom or according to what you like NOTE ****** Tp1 means to close the trade and then see if there is consolidation then breakthrough in the trade direction or to see that it retraced to the opposite direction of the trade then came back then (WAIT) till it settle down on by body or wick then to go in the trade direction only then you could re-enter to TP2 My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Key Indicators for a Possible Bitcoin Drop: 1. Descending Resistance (Trendlines): • The red trendlines on both charts indicate a series of lower highs, suggesting sellers are becoming increasingly dominant. • This descending resistance reflects bearish sentiment, as buyers fail to push prices above prior peaks. 2. Support Levels in Danger: • The 1-hour chart highlights a critical green support zone between $90,000 and $89,000. • Repeated testing of support levels without a significant bounce often signals weakening demand, increasing the likelihood of a breakdown. 3. Rejection at Key Levels: • Both charts show price rejections near resistance levels. Repeated failures at these points indicate strong selling pressure and a lack of bullish momentum. 4. Divergences in Momentum Indicators: • The bottom indicators in the charts, likely oscillators like RSI or MACD, appear to show bearish divergences. This suggests that while prices attempted rallies, underlying momentum weakened. 5. Short-Term Breakdown: • The 5-minute chart depicts a sharp drop and subsequent consolidation below a key price level ($102,500). This consolidation might represent a bear flag, a continuation pattern signaling further downside. 6. Market Context (Macroeconomic Events): • Upcoming economic data releases (referenced from Forex Factory) can introduce volatility. If the data is bearish for risk assets (e.g., hawkish Fed policies, poor global growth indicators), Bitcoin could face further downward pressure. Outlook: • A break below the green support levels (~$90,000) could trigger a cascading sell-off, with $85,000 or lower as the next potential target. • However, sustained consolidation or a sudden bullish catalyst above $102,500 would invalidate this bearish thesis.
Im bullish and I believe its gonna go higher, however first target may be the end of it and for higher targets trailing stop loss is a must. Adding to the trade in lower layers is also an option and stop loss below the low. good luck traders.
little upward movement left? around 3.82T? Darvas target is around 4.9T Elliot Wave target of wave 5 around 5.82T after that's what is the next move?
ALGO/USDT is showing a promising 20% potential in the spot market, supported by increasing trading activity and bullish sentiment. A breakout above key resistance levels could drive further upward momentum, making it an appealing short-term trade opportunity.
LTC break accumulation pattern which clearly shows that it move upside
Bitcoin has accomplished remarkable growth against all odds. .BTC is not a currency like most think of currency, but rather an appreciating asset with better liquidity than gold and real-estate. You don't need to have ten's of thousands of dollars saved as a down payment on a house that will appreciate over time. You can live in a country where your currency's value is plummeting every day, while your BTC holdings grow exponentially on average. Eventually, way down the road I believe that BTC's rapid growth will slow to that of gold and real-estate as we know it today. When you compare the market caps of these assets, and how quickly BTC is catching up, Its not unreasonable to project a 20T market cap in the next 10-20 years. With people like my parents now buying BTC since they have realized the hedge against the devaluation of our dollar, combined with the government finally getting on board we may start to see an accelerated growth rate. No one knows if the US will actually become the largest BTC treasury in the world, but with the rate at which companies and countries are adopting the idea I would argue the odds are in our favor. If the world power does it, it will create a snowball effect with other world leaders. I could see us going from a petrol dollar to a bitcoin dollar. Then we may finally see some renewable energy even as well. With better government regulation, opposed to just banning BTC, our largest headwind to date would not only be stepping aside, but be a wind at our backs. Making more favorable tax incentives that would, unlike tax breaks for property owners, help anyone and everyone. The chart shows our upper and lower trend lines on larger time frames. Historically it takes 4 taps to resistance to break out. BTC hitting 100k is coincidently our 4th tap to our ATH trend line. If and when we break over this level we will need a new upper bound to follow which will end up being one of the ATH trend lines that is found from using a slightly shorter time frame. Our next longest time frame shows that hitting 200k towards the end of next year to be possible. While its unlikely that we see 4 tests to this new upper bound over the next year, with the rising sentiment, we could see it try and break over the 200k level by eoy2025 but statistically we will be coming to the end of our 4 year bull cycle so I would expect a correction at that point before the next leg up. As BTC slowly disconnects itself from the world news and our current economy I don't believe we will see the dramatic corrections we have seen in the past. My guess is we will never see a correction more than 30-40% again, but I have been wrong before. Also, when you look at the monthly chart we are just breaking over the 80 level on the RSI indicator and when you look at the last 4 cycles you see that this cycle ending towards the end of next year lines up. Also, the average growth for each cycle when it broke over 80 until if finally breaks under 80 has been an average rise of ~500% with the range being between ~50% - ~1300%. If we only see 100% more growth over the next year that gets us to our 200k target next year. If BTC fails to hold over 100k by the end of the year, and continues to follow the current upper bound we will still see BTC get up around 120k by eoy2025 which is still 20% growth and with the stock market showing the majority of companies being valued at 30x earnings I believe that BTC is the better investment this year. THIS IS NOT FINANCIAL ADVICE!!!! DO YOUR OWN RESEARCH & MAKE YOUR OWN DECISIONS. JUST BECAUSE I CONVERTED ALL MONEY THAT I DON'T IMMEDIATELY NEED OVER TO BTC DOES NOT MEEN YOU SHOULD TOO. REMEMBER TO LEAVE YOUR EMOTIONS AT THE DOOR WHEN TRADING AND BE PATIENT! ALWAYS TRADE WITH DATA BUT WITH THE TREND! NO NEED TO FIGHT AN UPHILL BATTLE. PUT THAT WIND IN YOUR SAILS!!!