PEOPLEBTC is currently trading within a well-defined descending channel, with price testing the bottom range of the pattern. A potential reversal from this level could initiate a move toward the upper boundary of the channel, aligning with the broader market structure. The critical zone remains a key area to watch, as it will dictate the next major market decision. A confirmed breakout above this zone would trigger strong bullish momentum, potentially leading to a retest of the major supply zone outlined on the chart. Price action within these key levels will determine whether the structure remains intact or shifts into a broader trend reversal. Let us know your thoughts on this setup.
Currently stock in down trend most probability bonce back from 160-170. could be good buying zoon.
Bitcoin Liquidity Analysis: Possible Price Movement Scenarios After liquidity was taken at the previous month's high, followed by the prior high at 108,353, the major liquidity zones have been cleared. Now, the primary focus is on last month's low, where a significant imbalance is observed (89,376.90). At the moment, there is no apparent logic for the price to continue its upward trend without first clearing the remaining liquidity. However, the market remains unpredictable, and news events could influence the current scenario. We are currently in an accumulation phase, indicating the potential for an imminent impulsive move. The direction of this move remains uncertain. If we think logically and consider market structure, the most probable scenario is closing the liquidity pool in the imbalance zone and testing last month's low. This will be our key target in the near future. I continue to closely monitor Bitcoin’s movements and will soon share a more detailed idea for a short position (short). It is essential to note that this analysis represents my personal opinion and is not a call to action for trading. Always conduct your own research before making any trading decisions. Have a great weekend!
Tri angle formation looking after breakout could be sharp move towards 80 range
LI: The journey has just begun! -Long consolidation, has just broken out of range. -Wait for backtest with low volumes to confirm bottom. -Key level and demand zone support. . Let's see!
Hello dear traders! Hope you are all well and fine. The USOIL market has been experiencing a strong bullish trend, with the price moving above 50-day average. The trend is supported by a bullish chart pattern, with the target price of 75.50 Current price: 70.97 Key Levels: Support Area: 68.50 Target: 73.50 Demand zone: 75.50 stay updated, support, comment and follow me for more latest updates on USOIL market! let me know what your thoughts on USOIL market
Medium support Break out and retest. Volume line of Fixed range volume break out and retest.
Technical analysis for Bitcoin BTC including RSI, MACD, moving averages EMA and SMA, historical volatility, bollinger bands and more
BTC has well consolidation done now if third touch happen it would break the support and next move would be near 91000-92000, alternative scenario if breakout happen that means market did not respect to 3rd touch then we can see market near 99000-100000
The price is still in a downtrend, and it's crucial for it to stay above the 0.325 mark to maintain a short-term uptrend. A full reversal may take some time, potentially weeks, as the market works through its correction. Patience is key during this period, as the market needs time to stabilize and regain momentum. Stay focused, and don't let short-term fluctuations shake your confidence, good things take time to unfold. Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.