? Welcome to TradeCity Pro! In this analysis, I want to give you a complete review of Bitcoin. There are just a few days left until the monthly candle closes, and it’s been a while since I analyzed higher timeframes for you, so it’s a good time to do that now. https://www.tradingview.com/x/AvrT8bHj/ ? Monthly Timeframe In the monthly timeframe, it’s very clear that Bitcoin has a long-term uptrend, which is still ongoing. The new leg of this trend started from the 16162 bottom and has so far extended to 104857. ⚡️ In the past few candles, the price has entered a phase of correction and consolidation, which is perfectly natural and necessary for the trend’s health. However, because this is happening on the monthly timeframe and takes months, some traders and market participants might think the uptrend has ended. ✔️ First of all, Bitcoin’s uptrend has not ended yet. We’ve just seen two red monthly candles, and now with this month's candle, bullish momentum is reentering the market. I believe the price can register a new all-time high (ATH). Even if that doesn’t happen, remember that Bitcoin’s dominance is very high, and this bullish cycle won’t last forever—eventually, Bitcoin dominance will start to fall. ? If that happens and the percentage of money inside Bitcoin decreases, this capital will shift into altcoins. With this large inflow of capital, an altcoin season will begin. ? My personal view is that Bitcoin will have one more bullish leg toward 130,000 or 180,000, and after that, dominance will start to drop and the altcoin season will begin. Initially, Bitcoin will move upward, followed by strong, large-cap altcoins like Ethereum, BNB, XRP, etc. After these big players rally, capital will shift into good low-cap projects, leading to the crazy crypto pumps we've seen in previous bull runs. ? This is the scenario I find most likely. But if the market moves against this scenario and dominance shifts earlier or later, I will adapt accordingly without being rigid in my analysis. ✨ As for Bitcoin turning bearish, I think that’s very unlikely for now, and the triggers for that are still far away from the current price. If that scenario becomes more probable, I’ll update my analysis and discuss it. In short, for Bitcoin to turn bearish, it would need to make a lower high and a lower low compared to 104000, and if a sharp downtrend is to happen, the price must establish below 58000. https://www.tradingview.com/x/xXUxrpfY/ ? Weekly Timeframe In the weekly timeframe, we can see the bullish movement in more detail. A bullish move started from the 16162 bottom and after three bullish legs, the price reached the 104857 resistance. ? Currently, the price is in the correction phase of the third bullish leg and had pulled back close to the previous high of 71520. After forming a bullish engulfing candle, bullish momentum has returned, and the price is moving back toward 104857. ? The 104857 area overlaps with the 0.618 Fibonacci Extension, creating a strong PRZ (Potential Reversal Zone). If this high breaks, the next resistance levels are the 0.786 and 1 Fibonacci levels, roughly around 125000 and 155000. ? There’s also a visible trendline in this timeframe that the price has touched three times, and each time the trendline bottom coincided with RSI support. However, the last time the price touched the trendline, it made a fakeout, which can be observed both on the price chart and on RSI. ⭐ This fakeout could inject even stronger bullish momentum and drive the price higher. But for this to happen, the current bullish leg must break above 104857—otherwise, the scenario fails, because if buyers truly have strength after a trendline breakout, they should be able to break the previous high. ☘️ If this doesn’t happen, it signals weakness, and the price could move back toward the 71000 support, with an increased probability of breaking it. ? In previous analyses, I also mentioned that during this bullish cycle, RSI has accurately indicated market bottoms each time it touched the 45.17 support level. This has happened again, and I hope you were able to benefit from it. https://www.tradingview.com/x/rgsSfpZF/ ? Daily Timeframe In the daily timeframe, as you can see, using the bullish leg up to 106247, we can draw a Fibonacci Retracement. ? In the initial correction phase after reaching 106247, a box was formed between the 0.236 Fibonacci level and the 106247 top. After the 0.236 Fibonacci level, which overlapped with 90958, was broken, a deeper correction occurred down to the 0.5 Fibonacci level. ? A descending trendline can also be drawn on the chart. As I mentioned in Bitcoin analysis #52, I advised spot buying upon the breakout of this trendline. I hope you were able to take full advantage of that opportunity. ? After the price reached the 0.5 Fibonacci level, a strong reaction occurred, and after activating the 87360 trigger, the price began a bullish move with strong buying volume and sharp candles, climbing back above 90958. If it holds above this level, it could move back toward the 106247 top. ? The RSI oscillator has increased significantly during this bullish move and is now near the Overbuy zone. If RSI enters the excitement zone, the likelihood of a sharp move toward the main resistance increases, and if RSI stabilizes above this zone, the probability of breaking the 106247 top will be very high. ? Currently, strong bullish momentum has entered the market, so we can expect a solid uptrend to continue. However, if the price falls back below 90958 before reaching the 106247 top, it would suggest that the entire bullish move was a fakeout, and bearish momentum could enter, pushing the price lower toward the 0.618 or even 0.786 Fibonacci levels. https://www.tradingview.com/x/hgdZC1VI/ ⏳ 4-Hour Timeframe Let’s check the 4-hour timeframe for futures triggers. ✔️ As you know from previous analyses, we had two main entry points for long positions at 85697 and 88289, and I hope you managed to open positions based on those. ? Currently, the price has reached the 95173 resistance and is being rejected. The RSI oscillator also shows a divergence, and if the 64.4 level breaks on RSI, temporary bullish momentum could fade. ? In case of correction, the supports we currently have are at 92109 and 88289. For more levels, we’ll need to wait for a proper correction to use Fibonacci tools. ? For a long position, you can enter on the breakout of 95173. The next price target will be 98828.For a short position, we still need to wait for a proper trend reversal. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
High probability that GLD will move to the 20 day moving average at 295. The BBW indicator shows that momentum is softening. At this signal, prices generally revert to the mean or in some cases, sell off quickly to the -2 standard deviation. I've been using the futures to hedge my positions. Interesting that the CME has come out with a 1 oz gold future. The gold casino is really starting to open up.
Hello traders! I’m watching a potential SELL setup on GBP/USD. Let’s break it down: Technical Analysis: • Price respecting the descending channel structure ✅ • Strong rejection from the 1.3318 – 1.3330 resistance zone ✅ • Bearish momentum building with lower highs ✅ Trade Setup: ? • Entry Zone: 1.3318 – 1.3330 ? • Take Profit 1 (TP1): 1.3280 ? • Take Profit 2 (TP2): 1.3250 ? • Take Profit 3 (TP3): 1.3200 ⛔ • Stop Loss (SL): 1.3340 PLAN: Waiting for bearish confirmation within the entry zone. Will execute upon clear rejection. Patience and risk management are key! NOTE: Trade at your own risk and do proper risk management.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ?From a medium-term perspective, GBPCHF has been bullish trading within the rising channel marked in blue. This week, GBPCHF has been approaching the upper bound of its channel. Moreover, the red zone around $1.115 is a strong support turned resistance. ? Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and resistance. ? As per my trading style: As #GBPCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) ? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
#ROSE has broken the falling wedge pattern to the upside and now is facing the EMA50 on the daily chart. In case of a breakout, the targets are: ? $0.03667 ? $0.04832 ? $0.06634 ? $0.08090 ? $0.09546 ⚠️ Use a tight stop-loss.
Now it's our turn. Trendlines are tightening. Volume is shifting. Every new low gets bought harder. When this dam breaks, bears won't find exits — only liquidation walls. Tick-tock. Game over soon.
ETHUSD technical analysis is aligning with fundamentals. We have seen a breakout from the channel, I am expecting price to pump up into 2080 before Monday. Huge entities like Black Rock are purchasing huge amounts of ETH, let us follow my fellow retailers
Small profit is better than loss. Take profit first.. Maintain your equity.
Happy Saturday to all traders! In this video we analyze the American market and see what we can expect in the coming weeks. Recently, the markets have reacted positively to the statements of President Trump, who made it clear that he has no intention of removing Jerome Powell from the leadership of the Federal Reserve. This reassurance helped to allay concerns about the independence of the Fed, leading to a rally in the main indices: the Nasdaq gained 2.3%, the S&P 500 1.4% and the Dow Jones 1%. In addition, the administration has shown signs of openness towards reducing trade tariffs with China, fueling investor optimism. Despite the recent reassurances, uncertainties related to the Fed's monetary policy remain. Powell stressed that, although inflation is falling, there is no rush to proceed with further rate cuts, maintaining a cautious approach. Investors will therefore need to carefully monitor the upcoming macroeconomic data, especially those related to inflation and employment, which could influence the Fed's future decisions. Next week promises to be decisive for the US stock markets. Although the recent statements by Trump and Powell have helped improve investor sentiment, the presence of technical resistance and uncertainty about the Fed's future policies suggest caution. An upward break of key levels could confirm the continuation of the positive trend, while signs of weakness could indicate the need for a consolidation phase. Have a good weekend everyone and happy trading. Thanks Ciao Mauro I will mention my three rules that I constantly cultivate: Patience, discipline and always have a plan.
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