? BTC/USDT at a Crossroads – Bullish and Bearish Scenarios ? Bitcoin is currently navigating a critical decision point, as uncertainty looms over the completion of Wave 4. Here’s a breakdown of the potential outcomes: ? Bullish Path: If Wave 4 is complete, BTC is poised for a breakout above the $103K resistance level. Target Zones for Wave 5: ? Target 1: $121K ? Target 2: $129K A confirmed breakout above $103K would signal the start of a rally toward a new all-time high. ? Bearish Path: If Wave 4 remains incomplete, BTC might still be forming a triangle or bull flag, which suggests another leg downward. Possible Downside Levels: ? FWB:88K to $86K This would likely mark the final accumulation phase before BTC resumes its climb toward the all-time high. ? Current Outlook: The $103K level is the key to determining Bitcoin’s next move: A breakout confirms the bullish scenario. A rejection signals potential downside. ? Conclusion: Bitcoin’s path hinges on resolving Wave 4. Until confirmation emerges, traders should exercise caution and prepare for both bullish and bearish scenarios when planning trades or investments. Disclaimer: ⚠️ This is not financial advice! Always conduct your own research and trade responsibly.
Click Here?️ and scroll down? for the technicals, and more behind this analysis!!! ________________________________________________________ ________________________________________________________ ..........✋NFA?.......... ?Technical/Fundamental/Target Standpoint⬅️ 1.) Technical Outlook: - Limited Upside: With $306 as a potential resistance level. - Downside Risk: A bearish scenario is also possible, with $230 as a potential support level. 2.) Fundamental Factors: - Potential for Regulatory Clarity: The anticipated change in US presidential administration could lead to more favorable crypto regulations. This could positively impact COIN's long-term prospects. - Uncertain Timing: While positive regulatory developments are anticipated, the exact timeline for their implementation remains uncertain. 3.) Current Market Condition: - Downtrend: The current downtrend on the daily timeframe suggests a bearish bias in the short term. - Lack of Accumulation: The absence of significant accumulation signals a lack of strong buying pressure. 4.) Overall Outlook: - Sideways Trading: Based on the current technical and fundamental factors, a period of sideways trading seems likely for COIN. ?Global Market Sentiment⬅️ 1.) January Caution: Historically, January has shown a tendency for negative monthly closes. This trend extends to March and April, suggesting a period of caution for investors. ============================== ...???Before You Go???… ============================== Leave a like? and/or comment?. We appreciate and value everyone's feedback! - assetsandcoffee?☕
It currently looks like ETH might be repeating a similar pattern on lowertimeframes. Please refer to our previous posts where we started pointing out these important trendlines. https://www.tradingview.com/chart/ETHUSDT/zGyWbJWc-ETH-Testing-LTF-Support/ We have the green trendline that has acted as a support resistance level flipped on lowertimeframes and the white trendline act as a S/R flip on higher timeframes. The pattern that we have seen is a break below the white trendline (flush) followed by a reclaim of the white trendline then a breakout and retest of our green trendline before another rally. Recently we have seen the exact same thing play out. If ETH is able to hold our green trendline as support (retest) and fight back to the blue 200 MA on the 4H and break above. That should complete our inverse H&S pattern and send ETH to new highs.
The charts show an descending triangle, LTC is about to take a deep dive within the next few weeks, back down to $70-60.
US banks saw a breakout followed by accumulation and manipulation during AUS session. My bias is Long for distribution phase during Asian markets. Safe Trading!!
I've already gone long as you can see from the chart, as I was hopeful the double/triple bottom would hold. Possible target is a little under the 50% retracement of the previous large down move (193.4 ish), or one could try the 38.2% retracement (around 193.0). Stop loss could either be low to protect from volatility and in case of breaking bottom first before retracement (below 188) or tight below the bottom line after asian market opens and spread is less.
ETH had a very interesting bullish signal flash on the CME chart. Not only did we get the brief flush below $3k to wipe out overleveraged longs, but we also printed a massive 3 day Doji. Unusually dojis mark reversals of a trend and since we were in brief downtrend this could reverse price back to the upside. Not only that but we also flipped old resistance into new support. The ETH highs of Aug 2024 that marked the top back then just marked our bottom of new support (purple line). This shows that key liquidity level in the past is still a key level to focus on.
This is it, folks! Chinese stocks are about to go absolutely ballistic! ? I'm loading up on AMEX:YINN and AMEX:CHAU because I believe this is THE breakout moment we've been waiting for! ?✨ AMEX:YINN (3x leveraged Chinese large-cap stocks) and AMEX:CHAU (3x leveraged China A-shares) are primed to deliver insane gains as China’s market heats up. With economic recovery in full swing and policy tailwinds pushing hard, these ETFs are my tickets to the BIG leagues! ?? The dragon is awake, and it’s ready to FLY! ?? Forget the sidelines—I'm riding this rocket straight to the stars! ?? Who's with me? LET'S GO! ?? #YINN #CHAU #ChinaStocks #StockMarketMadness #NextLevelGains #TradingMomentum
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Silver has previously formed a double Bottom pattern and price has being in a strong rally to the upside and more pump after the short-term consolidation.